Hello I am a newbie investor from Southern California, Orange County.

Geeez, those questions....You have a certain type of loan, owner occupied residential, as Wayne mentioned, there is no converting that loan it must be paid off.You qualified for that loan under different requirements as a residence, multi family is a commercial loan with different requirements, one being more as a down payment.No, they don't loan money for a down payment to qualify to obtain a commercial loan.Apples and oranges.

I currently flip homes in LA and Orange Counties.

I currently flip homes in LA and Orange Counties.

I am very much looking forward to networking and investing in Orange County and eventually other places as well.

I've lived in Los Angeles county growing up moved to Orange County and eventuall now located in the Southwest Valley areas of Menifee, Murrieta, Temecula in the Inland Empire.  

Or do they pick the low hanging fruit?  

I guarantee, there will be more people walking away in orange jumpsuits (i.e. going to jail for securities fraud) before all of this is over.

:wink: Here in Orange County, values are around their 2003-2004 levels.

Hello Nathan, I live in Orange County CA south of LA.