But when is it right - the $64K question.Since your property is debt free, cap rate, a traditionally commercial metric will tell you the performance of your asset against it's value. 

Originally posted by @Jason Stephens:Good Afternoon.Ok Guys, this is my scenario.

Originally posted by @Wendy Black:Slowdown or bubble right now?

Originally posted by @Holly Hudson:I would like any recommendations/referrals for a real estate agent(s) who is knowledgeable, and patient, in the area of multi-unit investing by a newbie (and spouse).

On the one side, LL's need to get comfortable paying for value and stop chewing down reasonable fees which are necessary to make the business model perform and prioritize the property. 

Originally posted by Account Closed:@Tate SiemerCongrats on the purchase, nice to have a little equity position once you're done.

Thanks Wayne - one would think any title co could or would, but I had the title company who pulled the title originally state they can't confirm anything, as they wouldn't' want to open themselves up to litigation if it turned out my fiance was indeed NOT on the title.

My goal is to buy the property via lease option purchase and then resell it with a lease option purchase and cashflow while waiting for the new buyer to qualify for a loan.My concern is that the monthly payment could eventually exceed my cashflow.My original thought was that I set a fixed monthly rent amount in my lease purchase agreement with the seller, and anything above that is his responsibility.But my concern with that is what if he doesn't continue to pay the mortgage?

Originally posted by @Aaron Klatt:@Bosko Mijatovic This is probably not the ideal strategy, permits in CA are a nightmare and if you don't do it right or try to do it cheap you will just destroy the value of your property. 

Originally posted by @Stanley Bronstein:@Ramsin Jacob says: My first LLC has all the proper documents filed and recorded internally.