The covered parking area and patios should have adequate drainage to prevent water accumulation and potential damage.Investment ForecastPurchase Price: $849,900Total NOI over 10 years: $308,782.13Year 10 Value: $1,256,336 (based on a conservative 4% appreciation rate)Annualized return: 6.30%ConclusionWhile this property is poised for appreciation, sustaining it over several years for substantial returns would require substantial financial resources due to high debt servicing costs and negative annual Cash on Cash (CoC) returns.

If there is a loan on it, buy subject to and finance the difference

When I was working out numbers for seller financing, I got to the point of giving the owner $315,000 lump sum then taking over the loan at 2000/month however when you do ROI that means you'll get $800/month cashflow at best which is 800*12months for a total of 9600/year CF. if you do 9600/315,000 that means you get a ROI of 3%. which is not nearly as good as stock market. also 315,000 lump sum I do not have :( I need help.

if you use a DSCR loan expect your closing costs to be 5-10K and your rate to be in the mid 7s to high 8s. 

@Dan ThomasWhat don is doing is reselling the property with a :Wrap" loan. 

I am a hustler first and foremost and intend to reach financial freedom in the next 10-15 years.

Everything I have read and learned says to pay off credit cards on time and to a zero balance since that is the point of credit and how you show you are financially responsible.

If he likes a deal and wants to get into it, he would need to be able to fill out the subscription documents, which are ~10 pages of things like, name, address, SSN, whether you are using a Trust, LLC or other entity, and a bit of information about his financial status as required by SEC rules. 

Planning to sell two investment properties in CA and buy one primary residence in CA.Property 1 is listed and expected to sell in August to September timeframe (Around 150K long term profit, total sale price around 0.85M, no loan)Property 2 is under renovation and expected to be listed in August-September, and close around October to November (around 400K long term profit, total sale price around 1.7 M, around 0.6M loan. ~1.1 M in cash).What is the best time to buy the replacement property?

One option is you can use a DSCR loan and pull out 75% of the appraised value, you get to retain the asset and you should be able to cash-flow a couple of hundred bucks a month.