I have since switched to the less profitable, but much easier wholesaling, and lease optioning.Hope this helps... good luck!

Lastly, the requirements and ease of getting more-or-less conventionalfinancing also will be determined by your intended use of the property.If you are buying it as your primary residence and will be living in it, then getting financing will be a lot easier than if you were buying it as an investment property to be rented out.

Build your power team - Start talking with Title companies, mtg brokers, realtors....they'll be bound to know some cash buyers.Basically, if you have a good deal and you tell enough people in the right social circles, the vultures will start to appear...:)

The office of a sole proprietor must have a sign displayed outside which bears the office name exactly is it appears on the license.

It appears that unless I own the property for more than 91 days any interested buyer can not use FHA financing.

This makes it easier and quicker for you to evaluate deals.

Yes, I've been reading the regulations and it does appear to be very strictly regulated in CA, as a matter of fact, their are certain bars against receiving ANY advanced fee by a mortgage "consultant" when doing these loan modifications.

It appears as though a glitch has occurred.

The bad news is that there appears to be an endless supply of speculators with money.

This will motivate you to buy your next home...and believe me it's a lot easier to get owner-occupied home owner loans...than investor loans.Once you own the second home...and you've learned all about land-lording from your first home...and that is how you "learn" in this business...on the job...evaluate if you like being in the real estate business...cuz it is a business...not an investment.