The phrase "limited power of attorney for real property" turns up 1.98 million hits on google.Realize, though, that by giving that to your girlfriend, she can sell it without any input from you.

Sorry I phrased it poorly.

I invite you to Google "Creating a LLC or S Corp in California," "Division of Corporations in California," or another phrase.

Personally, "dead equity" as a phrase...

It's DTI, LTV, CLTV (if there is a second lien..3rd lien etc.)When I used the phrase "most lenders will", I am referring to the practice of having a borrower freeze open credit lines (some refer to it as collapsing the line) ...., that is what they will require if at maximum extension of available credit, a borrower does not meet the capacity to repay test, due to DTI being too high.  

He had a couple of phrases we still use:-Give most Americans a beer and a boob tube and you've got a slave for life.

Sounds like you're already off to a good start with the podcast and checking out your local REI group.Renovating with intent to sell is a good thing (though you might want to avoid that particular phrase; see "dealer status" here on BP).You may also want to consider, at some point, keeping some of your rehabs instead of selling.

Good day BP,                        I been reading; along with hearing the phrase ( JV Partner ) Could someone Please Defined this abbreviation for me, with an example in how to develop this Relationship?

Here, "UFOs" mean "Unidentified Financial Opportunities"; a "line worker" is anyone with a "real job"; the phrase "isolated area in the wilderness" is describing a place few get to go...."

Not your exact words, but I'm thinking I should change the words in my addenda since your phrasing sounds more legalese-like. :)I have one for the keys and unrestricted access as well.Now, if I can just get a $65k wholesale deal...