Investment Info:Single-family residence buy & hold investment.

Additionally, CA was on the cusp of launching CA community solar, whereby a developer could build solar projects and sell the power to the utility, however, it's on hold pending the final CPUC decision, and it doesn't look promising.

It's a long game.

It fits within our buy right criteriaWe own 12 units right next door.Newer vintageThe three beds are in high demand, and we are blowing away the 1% ruleThere is very little cap exWe focus on PPU (profit per unit), and this is going to profit nicely and add to our scale in that part of the marketExit strategy is to refinance our capital out when rates drop, and to hold long term.You have to be willing to take what the defense gives you, and you have to understand all of the investing strategies and know when to use them2021 and 2022, we only did about 200 units, smaller deals, but very profitable and we’ve refinanced all of our capital.2023 was an excellent year. 128 units, 105 units, and 97 units.If you aren’t doing deals, you can always be improving operations, meeting more potential investors, and creating more relationships.Life is like real estate.

Investment Info:Single-family residence buy & hold investment.

Primarily buyer side buy and hold/househack agent - SFR, Small multifamily, small commercial.

There's a little more paperwork on your part, and you won't be able to hold the deposit (if that matters to you), but it does take a lot of the risk off your shoulders. 

So, the mortgage remains in place, with full liability as stated in the mortgage/deed of trust for the original borrower.I just completed a RARE subject to sale in which the bank holding our mortgage note agreed, via signed documentation, to allow the sale of the property without enforcing the “due on sale” clause.  

And if you have other assets, you could give your lender a security interest in that.Personally, I much prefer a trust for property ownership and not holding title in ones personal name.

They structurally hold up but are not worth it to finish.