Hi all, my husband and I are trying to keep investing in Santa Barbara (which is kind of funny, considering it feels impossible) after having purchased a condo in 2020 and a single family home that became our primary residence in 2021.

Price points will be much higher with that…There are some pockets of C areas around the outskirts but very location specific. 

Recently my duplex’s property value was reassessed and my taxes went up almost 3x what they once were (bc it was assessed pre-flip before my purchase) so my Escrow shortage is about 4k.

If so, there is no seasoning required on a delayed purchase loan. 

.- Purchase price: $250k- Sale price: $350k- Depreciation: $9k => Roughly ( ($250k*.50)/27.5yrs) *2yrs)- 2023 marginal bracket: 32%What is the proper taxation?

Then whenever a good opportunity arises, you can simply write a check out of your credit line and purchase in cash.

in the future ( since its obvious you dont believe you owe a fee for this neighbors purchase) A Savvy seller will exclude certain people companies entities from the listing agreement.. there by making it clear that if someone you know or have been talking to decides to buy you owe no fee..

On the one hand, I realize I just need to let time do it's magic and enjoy appreciation and debt paydown, but I'm looking for ways to continually grow my portfolio by either acquiring more properties or finding ways to generate more income which will be used to purchase more properties.I tried using OPM but that doesn't work for me for several reasons - if I go down a loan route I can't pay it back because of my LTV cap and partnering for equity requires a lot of work in bulding trust and even then it's for a very small share of equity which is insignificant.

I am planning to purchase a property subto the existing mortgage (50k left) and current tax lien (65k).

We hope that future potential clients of Bildwise will benefit from our experience and proceed with caution.Our contract specified that Bildwise would not cease work for more than 30 consecutive days and that the project would be completed within 6 months of the closing date of our home purchase.