Contact your state representative and ask to have seller financing de-coupled from the following bills: HR4173 and the 'Restoring American Financial Stability Act of 2010' If the bills are passed, it appears a licensed loan originator will need to be used (paid) to underwrite ANY residential real estate loan.

Hi Angel,Another option as a California investor is to use a Delaware Statutory Trust as a holding company.

Quote from @Paul De Luca: @Pranshu Adavadkar1.

Are the California investors here using California LLCs, or perhaps Delaware Series or Nevada LLCs instead?

I think there is a big opportunity in Delaware County or Chester County.

I would consIder thIs a C+ neIghborhood of delaware county PARunning the numbers cash flow is goIng to be around $200/month beIng somewhat conservative.ThIs would be my fIrst rental

Thanks @Paul De Luca for the mention.

Delaware is a popular state to look into for that reason.

The way that many people do this is the use of a Delaware Statutory Trust.

@Joel De JesusWelcome to Bigger Pockets.