.- 90% of those who ask won't have access to enough capital to do a deal.

It's not until legislative restrictions and practical limits come into play that we realize some things are just plain next to impossible to do.

My husband is an agent, so I have access to all the MLS info I need, but now I'm looking for a network of folks that are actively investing in residential or commercial that I can learn with.

Our HOA amended the CCR's over 5 yrs ago to restrict the number of owners from renting out their units.

I'm not exactly an expert in this arena, but to kick-off the responses do you have access to any private money?

Having said that, you can absolutely provide data to the seller to explain how you came to the price of your offer, but you need to have access to that data and understand how to comp properties.

Isn't there a restriction in which you have to be 18 to enter into a contract?

I agree they do mostly have to have biggerpockets to invest in LA (or access to some big pockets) I am in L.A and valuations are pretty crazy for sure.

To me, I just think you have to a minimum amount of access to cash/credit to get you over a reasonable hump of a raindy day.I'd say if you owned between 1 to 5 houses = 15k6-10 = 20k10-15 =30k15-20 = 40k20+ = 50kIf you're getting decent cash flow and have over 50k in the bank, you shouldn't have any problems with reserves again.

Or commit to a program that forgives them.One option I do not recommend unless you have access to a lot of cash or someone you know is filing bankruptcy but has credit limits free.