This gives you the benefit of simultaneously buying yourself a place to live AND a rental property.

Be careful in the wording of the contract you sign with each, if they will simultaneously be your buyer's agent. 

But for all practical purposes, this looks like it may be promising.

Also, me and my partner/brother are looking to expand our practice to a southern state, so we're looking to grow with a partner, too.

This disclosure is required by TREC rules.The Code of Ethics outlines similar requirements in Article 4 and Standard of Practice 4-1.

Most hard money lenders seem to have common practices and will generally require a down payment, however private money lenders can make their own rules.

Now some might argue this is not good practice because of CC interest rates being high, but I alway let the cash flow handle this until a point where the Crowdfunding assets can build a big bucket of cash, which then I could put into a money market account for future true Capex reserves.Just curious if anyone is doing creative things inside their rentals to maximize the "reserves" that usually just sit there over time at meager checking/savings rates???

The house is currently occupied with tenants which I am using to start with 60 days to close since that is the notice period for California and I'm tacking on an additional 15 days....I'm getting the property under contract soon. a) Is it legal in California to fill out a purchase agreement with the seller with the intention of using an agent to find a buyer and b) Can I use a closing process identical to a typical simultaneous or double wholesale close?

Once you find the deal, get it under contract and find an end buyer...1)Is it best practice to have them put a Non Refundable Earnest Deposit?

What is the general best practice/policy for dealing with pest control like cockroaches in a shared building like a 4 plex?