Hey Joe, I’d be interested for sure.

HOWEVER, for most investment property cash out programs you will be capped at 75% loan to value (the delayed financing piece does  not effect this loan to value max).

There are new laws affecting California transactions in 2024, some of which are very relevant to investors and house flippers.According to the California Association of Realtors, starting July 1, 2024 most 1-4 unit properties that are resold within 18 months (aka flips) must disclose:- repairs, renovations, room additions and structural modifications that were performed by a contractor with whom the seller entered into a contract- the name and any contact info for the contractor for any work over $500- any permits obtainedSo you still can be an HGTV star, just make sure you do it by the book. :)Have any of you flipping in the Los Angeles area been affected by these new disclosures?

Great to be here.

Happy to be here and ready to learn from the community.

I believe there’s a middle ground to be found, and I remain hopeful for the next three to five years.Has anyone heard from friends, family, or fellow investors expressing concerns that Florida is becoming a risky place, causing them to shy away from buying?

Last week, the odds were 86%/14%.Dec 18 FOMC Meeting: 74% probability that rates will be 50 bps below current levels (a 25 bps cut in each of the Nov 7 and Dec 18 meetings). 25% probability that rates will be 25 bps below current levels (one 25 bps cut and one ‘do nothing’ meeting).They Said It“A market requires both sellers and buyers.

There isn't any annual tune up with this contract, but if the heat is broken, it will be fixed. 

Regardless, mortgage rates are still high as well so it’s a bit disheartening.I kinda wanna buy a property in Nevada and rent it out but I guess that disqualifies me from the FHA stuff because there’s no way I’m leaving LA. 

If not, your agent will likely be owed commission for any property that you purchase within the timeframe listed on your agreement.Lastly, how are you planning to find your own deals?