I think the arrangement you use will be what we wind up with (him taking 1st position.) 70% of Purchase price makes a lot of sense from a lending perspective, as it leaves you in a very safe position, should it all go horribly wrong.

I just wanted to dump the property and the market was horrible at the time so I went along with it.

Some people have a house they want to sell that is in horrible condition and all they do is call an agent to list it.

I have seen little horrible places all over La that are completely overpriced for what you get in return.

Hey guys I'm completely new to this right now I'm working as a finish carpenter and I'm getting by but i am about to have my first son any day now and I've been watching podcast and trying to learn how to get started because i want to give my son the best life i can so long story short i have no money my credit is horrible but my wife's creditor is a 690 and were working on building hers higher so we can get started i want to stay buying rentals maybe a duplex, triplex, or an apartment and live in one and rent out the rest but don't know where to look or how to get started any help or guidance would really be appreciated

Just got another one matter of fact, although the refi process was pretty horrible.  

NOTES:So, due to the horrible experience dealing with the staff at this HPOZ, I would strongly recommend anyone investing in LA now to steer away from this neighborhood.

Horrible idea.  

What a horrible story. 

The location is perfect however the neighborhoods are in horrible condition.