I hate to say this because i am totally against it, but you can borrow from friends and business associates, try and find aomeone who can contribute not only funds, but also strategy (since you're new).It's great to have lofty goals, just remember you need to find a way to pave the road to your end goals. 

You can always put in sweat equity to do repairs / renovations but you still have to pay for supplies and other associated bills.4.

The day land is more expensive in De Moines Iowa than oceanfront well know people are no longer lying when answering surveys.

A couple of thoughts specific to condo investing:1) Be sure to include the condo fees into your cashflow analysis, and budget for potential assessments as projected capital expenses2) Make sure the condo association is solvent - a good litmus test is whether or not the units are approved for FHA financing3) Make sure the condo association rules/regs allow for rentalsGood luck!

In other cases, you can take a more firsthand approach.Budgeting—Putting It All TogetherThe more you understand the costs associated with investing in residential real estate, the easier it is to maximize profits.

There are new laws affecting California transactions in 2024, some of which are very relevant to investors and house flippers.According to the California Association of Realtors, starting July 1, 2024 most 1-4 unit properties that are resold within 18 months (aka flips) must disclose:- repairs, renovations, room additions and structural modifications that were performed by a contractor with whom the seller entered into a contract- the name and any contact info for the contractor for any work over $500- any permits obtainedSo you still can be an HGTV star, just make sure you do it by the book. :)Have any of you flipping in the Los Angeles area been affected by these new disclosures?

The seller is basically relieved of their debt associated with the property and may receive moving compensation and can move on with their lives without the hassle of other hidden lien/financial debt that could possibly come back to the seller if it wasn’t negotiated upfront.  

These are individuals who are already conditioned to take on greater risk with the hope of a higher reward outcomes and will be attracted to the potential of syndicating real estate deals.Despite the greater risks associated with their current professions, I am sure most if not all are involved in businesses with  greater than a 2-3% success rate.

For your city google real estate investor association <your city>. 

If so, what is the process like a condo association from multi tax lots to a single tax lot.