I wouldn’t be surprised if it’s  a marketing gimmick to get potential borrowers through the door through  weirdly worded non recourse language that is effectively recourse or by offering such terrible leverage borrowers would rather have the recourse and competitive terms. 

THE NEW FLORIDA SQUATTERS LAW WENT INTO EFFECT ON JULY 1, 2024 my Brother was successful with an adverse possession claim in CA.. he was not squatting he owned the property next door and the person who owned it died and I guess had no heirs.

If your accountant isn’t providing strategic guidance on structuring or tax optimization for real estate, consider finding a real estate CPA to ensure your long-term goals are met effectively.

Trying to figure out the proper, best, and alternative routes to making meaningful relationships and wondering what the most effective means is to developing leads that may come along in the probate process. 

Other things to note: there is an option fee the tenant has to pay (and you may keep if they choose not to exercise the option to buy).

After that, you assign the option and they exercise the option. 

@Lucas Schlund there are several groups pushing to ammend the requirements - hence why it hasn't gone into effect yet. 

I know there is all this talk about the Olympics coming but on a practical basis that has no effect on you unless you do STR, which you typically can't in a rent controlled property.3.

The assignment did not release the original contract purchaser from liability unless the seller expressly consented to the assignment and fully released them (a novation, in effect)… which is not part of the fact pattern.So the agent is right.

I am new to real estate investment and planning to start ramping up long term rental properties in 2025, however my first two primary residences were both converted into MIL's and rented within months after closing which effectively followed the House-Hack tactic (we currently rent our furnished basement to primarily traveling nurses for 3-6 months at a time which covers 70% of our mortgage).