You can get in with a 3.5% down payment and your realtor may even be able to negotiate a seller concession so that you can finance closing costs as well.

Thanks in advance.Buyer 1 is offering:$130K Purchase Price10% down payment10 year term, 30 year amortization, and 5% interest Buyer 2 is offering the following options: $135K5% down payment20 year term, 30 year amortization, 5% interest$135K3% down payment15 year term, 30 year amortization, 5% interest$141.7K0% down payment (rolled over into purchase price)15 year term, 30 year amortization, 5% interest

@Thomas SantellaI am genuinely curious, did you truly borrow 100% of the funds for your deals - to include EMD, closing costs, down payment, etc.?

You might cover most of your mortgage payment.

It’s the lowest down payment option and if you hate it no worries put a traveling nurse in the unit or rent it long term.

Once your commission rate is set, there's a site that says the buyer agent's commission is non-negotiable, however, I think it technically is if you go back and change it.  

Even if you create a non-CA LLC, if you are managing the business from California, you will likely be deemed to be "doing business" in California and therefore likely subject to CA taxes.

I just received notice that Safeco will not renew Landlord Protection Policy, I expect to receive the same on the other policies I have with them.Anyone in California have a good non owner occ insurance company.The current policies end in July so I have a little time.Thanks in advance!

She made us sign an MOU where payment was contingent on the lease being signed.

@Thomas Talbert your CPA should be telling you that you need to make yourself a W-2 employee of the company and pay yourself a monthly paycheck.The payroll tax deductions will help avoid a huge end of the year tax bill.Also, too large of a tax bill will piss off the IRS and they may charge you penalties + interest for not making quarterly estimated tax payments.