No way I'd hold a new San Bernardino house unless I bought it subject to or got seller financing on it.

Hi @Ashley Pimsner.Since I don't know to what extent we can't promote our business in this forum, I'm keeping the information confidential from the public, but I can definitely give you the address of the subject property so you can check it out.Looks like I can't post neither my phone number or email.Here's my website: arghomebuyers.com

Ashan - By "sub2" Wayne means "subject to" i.e. subject to the terms of their mortgage. 

Here is the search criteria he used to pull his ARV comps value:- 12 months of sales- Living area of +1,400 sqft of subject property or below (Subject is 1,200)- 1.21 Mile radius from subject property- Price range of $250,000 or aboveWOW, I have a real problem with 3 of the 4 bullet points here.  

Subject should read "New To BP"Hello I'm really glad to had found you folks at BP so many questions answered in so little time it really is a  "treasure trove" of information however I still have a lot of questions I'm new to real estate and more then midway through my course material and passed the first 2 courses if all go's well I'm excited to be licensed early - mid December. 

I haven't bought anything yet so the subject is still a little cloudy for me.

The townhome being so close to the university will help with renting it consistently but wanted to see if other landlords had issues or advice on the subject.

The lender is likely to insist it get listed on the MLS for full exposure to the market, and then the sale might still be subject to bank approval - which can also take months to get, even after the house is under contract.I recently had a similar transaction.

I am looking forward to researching and reading a lot of information about this subject and hopefully passing my real estate test when I am 18 through this page and other resources.

My LLC is a standalone (not associated to my SDIRA) and my CPA filed my last returns under a Schedule C; if I associate a Solo 401k to an LLC, does this now make it a partnership (subject to Form 1065)?