.- These will be investment properties, not primary residences, as I currently live in San Francisco, CA.- I've already started the pre-approval process with a credit union based in North Carolina, but I'd love some help understanding how to structure the gift of equity correctly for investment properties, what documentation may be required, and if there are any specific limitations or tax implications I should consider.- My goal is to close on both homes by the end of the year or early next year.If anyone has experience with gift of equity transactions for invest properties -- especially in North Carolina or involving out-of-state buyers -- or can recommend a loan officer, lender, or real estate attorney familiar with this setup, I'd really appreciate your insight.Thanks in advance!

That partnership is essential.I’m personally licensed in both California and Kentucky and continue to work with several clients in the Louisville market.

The same is true for the independent escrow companies that often have a notary on staff, which is common here in Southern California.

Quote from @Ronald Mejia: Hey everyone,I’m based in Southern California but currently invest in my hometown of Stamford, CT.

However, living in California will be unable to spend 40 to 60 days to manage a project start to finish.

We just got to $100M+ tapes from two larger lenders in the RTL/DSCR space and they are laying off people left and right as we received several calls from people looking for employment.One lender capped their lending in california to no more than $1M - which in california and non-rural is basically there way of saying we are not doing business here anymore

Their sale is banned in Ca, but you can still rent them at some places.Keep their deposit as it is a costly remediation on a full unit.  

Also do you know if the NY lender was properly licensed to even do bizz in CA.. many east coast lenders do not realize the license requirements out west.

I am currently in escrow for a 4-plex in the city of Long Beach California and during my due diligence stage I discovered 3 out of the 4 tenants are struggling.

Then use that cash flow and funnel it into real estate. on top of that Marcus there are areas of CA that are the exact same price as OOS ..