When I finally got a job after graduating my MBA and passing my CPA exam my mentality when it came to money was not responsible at all.I saw thousands and thousands go to Uber, jewelry, designer clothes, and parties every month.

The original tenant is liable for the term of the lease unless all parties agree to change it in writing.

But my goal is to retire through real estate investing and I believe the next step would be house hacking a multifamily.The tricky part is that I would like to stay in LA ...and because I'm not working a 9 to 5, I dont think I would qualify for an FHA and a 203K loan.

The tricky part is that there is bound to be a “new normal” after COVID-19 and what is that going to be like?

Of course it could be a totally different business decision to make for the title company and parties if the breach was not so clear or the contract terms were ambiguous.

That’s the easy part, the hard part is forcing yourself to stick to those “max bids” when you get caught up in the bidding war :).

During this one, I do see prices going down, but for the most part I don't see a 2008 crash again, where you could find properties at an 80-90% discount. 

The withholding for 24 hours was ridiculous, but who knows what went on before that between the parties.

Are there any restrictions such as condition of home, sales price etc.It seems it could be beneficial to both parties if this is an option.My only reason to not do this if it is an option is because the money wouldn't be liquid so i could purchase another property which is the main point of selling.

A family member has offered to partner and bring 15-20K as a down payment, but in the Houston market I'm not sure that will be enough down to convince any lenders.Is there any point in investing the time to find an investor friendly lender, or would I simply be wasting both parties time trying to pull off the impossible, applying for a low money down loan with okay credit and poor personal finances?