Shoulder buyers are those that are close to qualifying but come up a little short on down payment or credit.

Anyways, short-story-long, I am pretty obsessed with real estate in general and look forward to absorbing as much as possible.

If you could live in one unit (use an FHA loan to only have to put 3% down) you could manage the other units as short term rentals (STR).

Also I believe legally in L.A you can only rent out the house a certain number of days since city has been restricting short term rentals .Guess I’ll be interesting to see if the house sells for more than the comps in the area .I live in L.A and it doesn’t seem like celebrity owned homes necessarily sell for more but I don’t know if this is different .

It will make some difference as to whether you will be dealing with an escrow company, title company or law office for your closing.You are attempting a short-sale on a pre-foreclosure property, correct?

What happens to short term rentals in a recession?

Hello,Seeking guidance......I will do my best to give as much detail and keep it short.

She calls this ability to overcome short term obstacles to achieve long term goals, GRIT.

Dont wait till after the auction to figure out how to pay, you have a very short time to prove proof of funds.

My short term goal is to buy my first property in 90 days.