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My name is Andrew Tyree and I'm a real estate agent/investor based in Highland Park, near Pasadena.

Spend some time conducting in-depth research, including speaking with a professional in the field, and base your choices on your objectives, your tolerance for risk, and the particulars of the markets in the locations you are considering.Good luck!

I was only approved for 385 based on my w-2 by broker one but broker two said I would be qualified well into the 500s bc the property has proven income.

They are claiming it was just over a year old when I moved in and are prorating based on a 7 year carpet life.

I'm an agent/investor based near downtown LA in an area called Highland Park. 

Calculate the rehab costs based off of your estimates.

My agent says that there is a clause based on which he can dispute it and then the EMD stays in escrow for 2 years.Is the seller allowed to refuse to sign the release if he has no reason to base a dispute on?

I may be wrong, but it could be that company having bought 2011-2015 taxes is forcing tax foreclosure and thus it's only based on those years.

To lower inflation its a two headed monster and the one everyone is ignoring is spending, and someone needs to buy the debt - and based on how much we are spending its leading to higher rates due to the risk.