I wanted to get started in real estate investing and knew I could qualify for this home and convert the basement into a rental unit so it was the right house to start with.

Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!

Thank you so much for the information.

This is so generous. 

So, just set yourself up with the right stuff and you will be fine.

If so, you may want to consider holding onto it as a rental property.

It can work in very limited situations like this one, where you are just trying to remove yourself from title, but there is absolutely no reason to do so instead of a special warranty deed. 

Regardless, mortgage rates are still high as well so it’s a bit disheartening.I kinda wanna buy a property in Nevada and rent it out but I guess that disqualifies me from the FHA stuff because there’s no way I’m leaving LA. 

Sales or leasing offices, however, are eligible for verification.I've listened to a few podcasts and heard other real estate investors mention being registered with Google so I'm wondering how they are getting around this.

Will try and do a cash out refinance so I can purchase another property in 2024.