I've been reading a book about real estate investing and the author who shall remain nameless makes a brilliant recommendation when buying REO properties.

He has maybe 4 hours of work remaining.

Also, a qualifying spouse can remain in the property until they pass or sell or refinance.Yes there are negatives like your equity shrinks, because you are using it and you need to see if this financial tool fits into your financial plans and lifestyle. 

Not legal advice, but my understanding: The CA version of the Safe Act remains silent on most seller financing.

There are great opportunities here but our market has become saturated with investors over the last 18 months so you have to remain consistent with your offers to get anywhere.

If the property has value that makes sense, you can buy the partial interests from the siblings and then attempt to settle with the remaining owner.

Then determine ARV of the house --estimate rehab costs --you are a rehabber --so get good idea -- then get survey done --separate 5 or 10 acres you want for your self with your house -- buy that much for $130,000 and balance of the price for the remaining land.

Hello Bill,You would essentially wrap the remaining bank balance into the offer you are making the motivated seller.

that may be a little more than what could be included for a good ROI on this project, I guess it'll depend on the remaining numbers as usual, though visually it would have a huge impact and the target market for this project would really be attracted to it. 

All that being said, here are our specific criteria (we want to remain w/in these set boundaries for our first project):- SFR in greater Sac area- Acquisition Cost: 250k +/- 25k- Rehab Cost: 35k +/- 15k- ARV: 400k +/- 50kPlease comment below if you can help us w/ any stage of the process, from acquisition to closing.