Hello,I am an aspiring real estate agent in CA. I'm waiting to apply for the state exam and am new to the site. I hope to gain knowledge and expertise in the real estate field. I currently work in I.T. at a school dis...

If they accept we have a closing date set for a month from now.

I would be more than happy to steer you in the right direction.Since moving back to the area where I grew up, I started dating a girl who also sees the benefits of investing in real estate.

It sounds like to me they have verbally accepted another offer and are ironing out the details of the contract, like dates for closing, inspections etc.

@Ned Carey Do you know if the county office would provide the deadline date or is that privileged info?

Oh- Also, I tried putting off the closing date for this property until July, however, since it is a short sale at the end of its life, the bank states it will go into foreclosure if we don't close before the end of June.

The only catch is the HOA is $260 a month plus $65 hazard insurance plus $200 cap for utilities water and lights, internet comes in HOA dues.

I walked the outside of the outdated property and snapped some pics, rolled some numbers in my head around:Mid-range ARV around 400knew doors and windows throughout, 15k including entries for good stuff (I know that's high, better to err on the side of caution)fresh paint in/out at $5 per sf for good stuff, call it 9kflooring throughout, 6.2k at $3.50 a sf2 bathrooms, 15k kitchen 20k including appliancesso about 55-60, plus some extra for unforseen and pool, so 65-70k, leaving me an offer of 200-230ishI'm sitting in this driveway for a solid 45 minutes taking notes, running numbers, pulling title info & last sale price/date (Chicago Title mobile app), etc.  

So Jake (or anyone else) if it takes around 30 days to close is the 2 years PURCHASE DATE to title CLOSING date?

I've been happy with both of the equity platforms I've invested w/to date and they are each set up differently.