Hi all, I'm looking to invest in this area because it's close enough to where I live (Orange County). 

I have double-checked its numbers against my GCs and it has been very close every time.

It's a 2bd (with a large office as well), 1.5ba upscale unit in great shape, very well-maintained, and very close to bars, restaurants, and transit.

Quote from @Account Closed: Hi Rilicia,PM me.

Refinance should not be appear on same closing statement as sale. 

They are here to close, bottom line.

We bought this property initially because the location was close to downtown where we wanted to live.

Homes are not appreciating like they did the past five years and have slowed down back to "normal". so if a home appreciates 4% per year, you will have closing costs when buying it and another 7%ish when selling it.

This was a couple of years before covid, but it took him about 1 1/2 years to get them out, and he came very close to needing to file for bankruptcy in the process. 

So just purchased my first rental property last week and during closing the seller of the property got stuck paying a lean on the property for $4000 dollars due to several different old tenants not paying their electric bill.