Quote from @Henry Jay: Hello, me to real estate and look for knowledge in flipping and rental properties. 

.: Quote from @Jay Hinrichs: Quote from @Clayton Silva: Quote from @Jay Hinrichs: Quote from @Clayton Silva: Definitely helps to get quotes from a few places, problem is that options are shrinking as more carriers leave the state of CA. 

Quote from @Anthony Rondinelli: Quote from @Jay Hurst: Quote from @Anthony Rondinelli: Quote from @Jay Hurst: Quote from @Anthony Rondinelli: Quote from @Jared Rine: My post broke the quick math down of your hypothetical situation. 

@Jay Hinrichs might be able to give some insight.

Hi @Jay Hurst, sounds good and will definitely like to connect.

Quote from @Hanna Brown: @Jay Hinrichs If the bidder at the auction pays cash for keys to get the homeowner out, does the person redeeming from the owner position (exercising rights of redemption w/in 180 days) have to reimburse them for those costs they paid to get the homeowner out? 

Quote from @Jay Hinrichs: Quote from @Brie Schmidt: @Jay Hinrichs - agree but the problems still exist for us:We can't do 1031 exchanges anymore because the process will now take 4-6 monthsWe can't do owner occupied loans because we have to keep tenants for 6 months after the sale even if their lease expiresA distressed seller now needs to pay $60,000 or more if they sell to a developerThe Dept of Housing has to review and approve all the proof of compliance before we can closeBuyers wont spend thousands of dollars on DD till they know the deal is going forward which can be 30-90 days WOW is all I can say.. 

Quote from @Jay Hinrichs: Quote from @Marcus Auerbach: ...and don't forget to collect a W9 right away and a copy of their insurance!

Quote from @Jay Redding: What about usury laws for owner occupied homes for firsts? 

Hey Jay, in talking to my rep, partial notes are definitely not a security or secured interest in the note.