There is more that goes into it but you are essentially a middle man.For fix and flips you don't need a credit if you make relationships with asset based hard money lenders.

Can anyone convince me why I should start investing in these areas and share more details based on their knowledge/experience?

Increased floating-rate interest payments, coupled with climbing utilities and property taxes, have eroded profit margins and negatively affected debt service coverage ratios.As over $250 billion in multifamily loan debt matures in 2024 alone, owners and investors are bracing for a challenging deleveraging cycle.

Tax deeds convey title to the purchaser free of all prior encumbrances (mortgage liens, judgment creditors, etc.) of any kind ​except liens specified by Revenue and Taxation Code Section 3712, Lis Pendens actions and any Federal Internal Revenue Service (IRS) liens that are not discharged by the sale”.

Based on my very limited understanding I would want to leverage my first time home buyer to buy at least a duplex though i would really like to get my hand into a triplex to increase the cash flow while living in 1 unit for a year (lot of tricks and tips here to not have to live in there for a full year which i would like to learn more as well) and lease out other unit(s).

My name is Jesus Morales and I work for the wholesale company "Ember Holdings" based out of Newport Beach, CA!

Well over the years I have done 1ks reno/repairs, and I know exactly what the reno will be based on what I am told.

I'd deeply appreciate any recommendations you can share based on your experiences, as well as any tips or potential pitfalls to watch out for as we navigate this expansion.Thank you all in advance for your time and insights!

The key is not every custodian is right for you, some have higher fees but better customer service and some are good at real estate and notes and others not so much.

Arman Singh is an amazing real estate agent and LPG Management provides exceptional remodeling services and property management.