This elderly gentleman said that the property has served him well for many years and it was time to hand it over to some else.The property is in pretty bad shape so my team and myself have decided to fix it up and give it to someone else in need for ZERO dollars also.I was hoping that you could point me in the right direction of how I can do something like this and to who I should give this house.I really want to give it to someone that has been suffering for a long time and is need of a home.Thanks so much and I’m really looking forward to your suggestions so please comment below and let me know your thoughts.

I don't have any experience with them.however since they are CA based and did not post a CA BRE license number or CFL or NMLS I suspect they do not lend on 1 to 4 units as those require those above licenses if your in CA.Also I am always a little curious about those that say they lend from 20k to 20 million LOL.. no one can make a dime on a 20k loan... so thats curious.Lastly and this is just a personal pet peeve I just don't care for companies that don't list their principals and a small bio on their web page so you can look into the owners on google and make sure they are upstanding citizens.. again maybe its a marketing thing and maybe I am all wet but thats my preference I want to see who the principals are... they should be proud to put themselves up there ( again my pet peeve LOL)Just don't sent any up front money..

A misdemeanor is a small offense and in ND they take serious drug offenses up to the felony level REEEAL quick.  

Chico is a small market but hoping to find some local investors to connect with here on BP.

Maybe you should contact them directly and see if they will answer some of your questions.

You should not be receiving anything directly from the previous owner after the closing.It's critical that you review the HUD-1 for accuracy.

Buy and hold Is the direction I would like to head in the future.

Also, if you want to direct message me the address I can give you an opinion on the purchase price and ARV, might be helpful.Btw, you're never going to lose any reputation points from asking questions and wanting information.

We are a newer small firm (three of us), but we have done deals in recent months in IA and GA with two more in IA pending and one in IL.So...glad to join this PRO forum. 

Hi all,Just moved to Rochelle IL with my wife Cassie, and looking into investing in small multifamily units in the surrounding areas and house hacking in Rochelle.