I bought this property at 23 years-old working as a full-time financial analyst in Santa Monica.

I grew up there, so I have some familiarity with certain neighborhoods.I don't have a lot of capital, but I have an extremely excellent financial history with a high credit score and very low DTI.Time to wrap up, don't want this post to get too long.I'm looking forward to interacting with all of you on the site, and here's hoping I can make this work with your help.Thanks,- Ray

., etc.) and my interactions with him have resulted in schizophrenic ramblings (i.e. the Vatican owns my property, all financial transactions are routed through the city of London, etc.)I spoke with an attorney from this forum (a terrific help) earlier this week and I am weighing my options...the best being a 4 foot retaining wall along the property line with a 6 foot permitted fence to the front of the house. 

Important Information: This would be the first and only loan of the year given from that individual or entity.

He might be better off finding a private individual to loan the money at 12%

In my state there is a condominium declaration, which is a legal process to subdivide a property into individual condo units.  

My goals in real estate are to achieve financial freedom for me to be able to "retire," then just be able to do it full time.

One must consider price point (if the exit value is under $100k, then the 70% rule needs to be more like 65% or better) and if the exit is say $500k and in a hot market, then rehab flippers could still make money today (key word today) at 80% rule.The price point, the market conditions, the level of rehab, the rehab extent, the individual investors capabilities, the financing, and many other factors all come into play.

However, depending on the lender, the underwriters will also want to underwrite back to the individuals.

They provide financial literacy through classes as well as reoccurring support for customers/students.