I sold my home in a less desirable part of L.A last year and it went until contract in less than a week Multiple offers When I bought in 2010 it sat on the market multiple months .

It just really puts it into perspective when you show the numbers like you did.

So a recent podcast and similar timed stay in an airbnb in another city along with my current market severe lack of inventory (yet too high new construction costs) lead me into thinking about this topic.Has anyone on here converted buildings like this into multiple condos and developed an HOA and sold them separately?

We are open to occupying one unit of a duplex (to secure a lower interest rate) for example, and have a good friend who would rent a room in our residence - with an extra apartment (or possibly 2 if there is a basement) creating multiple revenue streams to quickly repay a relatively small mortgage.

If your market is very hot and there are multiple offers likely, then you'd be better off with the equity line and being a cash offer, and then later pulling out the cash.   

Hey Everyone!

I found a bundle of properties available for buy and hold and was wondering a) can I purchase them under my llc b) should I purchase them under my llc if I can and c) how do I purchase them under an l...

However, you cannot get a conventional loan for multiple properties. 

And I have been asked multiple times by each and I decline.

Congrats.I'm looking at starting out myself and these are nice things to read to get some perspective. 

From the client perspective, using a title company that handles title clearance themselves seems easier so they prefer it.