Investment Info:Single-family residence other investment in Los AngelesGilmore Homes - Gilmore Loans, LLC is launching its affordable housing model soon, the MG 599 Modern Model.

Any tips would be greatly appreciated.

Also we rarely do structural changes in the first time home buyer space we work in because budgets dont typically allow. 

Go conservative ) - Holding Costs (loan payment, utilities, insurance, etc) - Rehab Costs (you will have a good handle on this) - Closing Costs (you will pay closing costs on both purchase and sale of home)  - Profit (minimum you would want to take on the risk.

However, this might be the tipping point.

Under California foreclosure law, can a vendor place a mechanics lien on a home for work performed for the prior owner after the foreclosure sale and the recording (perfecting) of the deed?

Don't really want to do a HELOC on my current primary home but could. 

YoY is up 3.4%.Rentals - Availability by MonthThe number of homes for rent continued the downward trend.

I think it's important to start with this - is your 250k debt what you owe in principal on the mortgage on your home or is this separate debt (credit cards, cars, medical, student, etc)?

I'm excited to dive into the world of single-family home flips, with a budget of up to $150k per property.