After house hacking it and having live-in renters for several years, I really got a taste of what real estate investing can offer.

Many lenders also offer an Interest-Only HELOC, with which you pay interest only — no principal — during the draw period (Usually 10 years).

I don't know any attorneys in Sacramento, but if you want referrals in San Diego, feel free to send me a message.

Pre-Closing The Contract If you are the buyer and your offer was accepted by the seller, you will enter into a contract.

Feel free to reach out if you have any additional questions!

I'd recommend either going for a legal 3-4 flat or a 2-flat that is duplexed down or up.It's a good idea for your agent find out if any of the units are "non-conforming" or "illegal" before you take the time to show the property and make an offer.

If you examine all of these questions, which we all read every day, there are a couple of apparent things missing that make them impossible to answer:1. skin in the game2. research done before posting3. why the poster is asking (background)4. camaraderie (just give me what I want, I have nothing to offer)

As I go through this journey I have also decided to educate myself in real estate investment so that I can be best prepared for July 2020, this is the point when I will be debt-free and will be shifting all my energy to actively investing in real estate utilizing the BRRR method.To that end, I have made it a goal to analyze 2 properties per day so I can become familiar with my area and become comfortable analyzing properties...and that is where my issue is.

If you can pick up houses for cash, fix them for cash and hold them mortgage free then you do not need too many to get to 20k/month cash flow.

Agents who have experience in the industry will be able to help guide you and prevent a lot of mistakes.Feel free to send a message with any questions or to share more about your specific goals.