What made you interested in investing in this type of deal?

Currently 2 unit property, and working on building another ADU with a twist ;) What made you interested in investing in this type of deal?

If during the next 2.5 years, the owner redeems the property i get the money + interest back, but lets say they do not redeem the property. 3)  Within the last 6 -3 months of the expiration of the redemption period, I will file a petition at the circuit court for the tax deed 4)  At the same time, after filing the petition for deed, I will need to send "Notice of Expiration of period of Redemption" Take Notice to the county so they can mail it to the home owners and any interested parties informing them to redeem asap. 5) I will subtax early the following taxes as soon as they are generated by the county. 6) Inform the property owner in three ways, certified mail from the Circuit Court Clerk, being personally served by, the Sheriff’s office; and notice being published in a local newspaper. 7)If the taxes are not paid and the last date to redeem passes, the tax buyer can apply to the Circuit Court for an Order directing the County Clerk’s office to issue a tax deed to the tax buyer.

I want to use investment properties in order to live a life financially secure, and create a purpose that will get me excited to jump out of bed in the morning.Hopefully we can connect and build together.

You will both learn that there is more to a safe loan than a note and deed of trust.In no order, typical loan documents will include: NoteDeed-of-TrustPurchase Contract and escrow instructions to confirm your deal and the associated deadlines you and your lender will have to meet.Preliminary Title Report, which you and your lender should learn to read to understand all liens against the property.Personal Guarantee (You do want to protect your lender don't you?)

Last year it made it through one chamber of CA legislation before getting shelved.  

Purchase price: $20,000 Cash invested: $100,000 Sale price: $187,000 What made you interested in investing in this type of deal?

What made you interested in investing in this type of deal?

IMHO you made a huge mistake in offering to drop the rate....let her leave and find a new tenant that will pay what the market rate is currently.

Unless there was something that made the unit so much more desirable that they weren’t willing to let it go like cheaper rent or I’ve currently got one wanting W/D hookups she can’t find anywhere.