wow, good to know that, thanks again, I see your in Fair Oaks, fairly close to where I live, do u go to any meetups around here, i am new to the area would love to meet some local investors / professionals and start building the network.

I was recently laid off from my job of 16 years so my time, at this point, is fairly unlimited.

I am fairly new to RE but just wanted to reach out.

I could see you having an issue if the loan was higher, but 2% on a loan that's under $100,000 loan is fair.

I would say you are on the right track looking for cashflow in those neighborhoods, but beware that section 8 is fairly common there.

The issue is not greed, rather fairness and inflated prices. 

Second question - fair assumption that coop units cannot have tax liens?

A commercial broker should be able to give you this info fairly easily.

I’m really not bringing much to the table on this one, but I’d like to make sure whatever I get out of it (if anything) is fair for everyone involved.

They tend to be about regulations, laws, and taxes.The other one is fairly new, and currently meets at the Grata Lounge (6891 A st.) on the 2nd Monday of the month.