Orange, S.

These sales and loans made are reviewed after settlement, audited, so you don't want to go there unless you like orange jump suits. :)

This ongoing discussion is a futile attempt predicated on the failed premise that "apples suck, because oranges task good".

I'm in orange county, in a similair situation, and I'm looking in places like Arizon and Texas, which while remote, will give you a much better cash flow in decent areas.

A HUGE chunk of the population in areas like Orange County, North San Diego county, areas of LA, are in those types of loans...and win the bomb goes off, when those loans "recast" when the balance gets to 115% of the original loan...WATCH OUT!

A couple million dollars worth of houses in Orange Couunty California, might only be 4-6 houses.

I'm going to have three or four (recommended) GC's give me bids, but I want these bids apples to apples -- not four individual visions and wildly different apples and oranges bids.  

I live in Orange County so I know my fellow Californian's pain.  

I'm a Real Estate Broker Associate in the Orange County area.

There are lots of towns in CT with median home prices well over 300k and awesome school districts (for locals, think West Hartford, Farmington, Orange, Monroe) where you can pick up a scraggler for 150-200k, give it some minor/straightforward rehab (usually kitchen & bath updating, a new face, and just a lot of lipstick) for under 50k, and all of its comps are selling for 350k+.