Hi all,I’m Ivan, 35, born and raised in California, moved abroad to Australia a few years ago for work and recently relocated to back to the states and have landed in Seattle.I recently resigned from a long stint at a major tech company where I initially started IT support, Project Management, and ended Marketing and Advertising.

You’ll need money, credit, and a team.

this will be difficult to do in most of CA or any other major metro outside of the Midwest.

I would recommend using a local community bank or credit union as they would be more flexible on accepting a land trust as a business entity. 

I personally go with very short term financing but the majority of my properties are paid off so in the event of vacancies, I don't necessarily have a mortgage to cover.

My wife and I have been working under the idea of starting ourselves out with hard money, as we a) don’t have the best credit, and b) don’t have much of our own money to go traditional routes.

As far as I know, there's not been major changes to the tax laws on this since.There's several situations that leads to taxation of the boot.

EquityLock Structure: Credit Approval, Closed end, fully amortizing, fixed 3.99% APR up to 10 years.

One of them (strongest credit/renter) needs to move for her job.

We would exhaust a majority of our loan initially obtaining the property with probably only about $5k left for renovations depending on how negotiations go.