It ends negotiations one way or another, and that is why people do it, because it messes with the head of the other party, and makes them think things that may or may not be true.

Hello fellow investors, wannabe investors and everybody else.

They can raise them at any time and that can really mess up all of your numbers...what seemed like a great deal can quickly turn into a bad deal if the condo board starts jacking up HOAs.  

If an active investor, is your rentals your thing or would you rather try wholesaling or note investing or something else? 

I would definitely check with him for rates and such before you decide with anyone else. 

Can't see myself living anywhere else than LA. 

I'm sure we would need a contract with the mortgage terms but what else?

What else am I missing?

Don't do anything on someone else's property.

Hi Karen,If you are buying property with someone else, by default you are in a general partnership.