In California you must have all cash - the preferred method is to take cashier's checks made payable to yourself.

I would prefer not to do an assignment because I wouldn't want to buyers to see my price.

Do hard money lenders prefer an appraisal?

This is the reason you prefer to find a papersaver or a stated income situation so you're not looked upon as a deadbeat by hapless lenders.

I am trying to find a niche for myself and I can see providing affordable housing to retirees being a part of it.

Some of them went for okay to good prices for home buyers. there were also a few good deals out of our preferred area that seemed to have been good for flipping or maybe cash flow depending on the down payment.

I prefer to start from payoff and go from there.On a $100,000 sale price house where I want to offer $60,000, I go at it from the payoff.

He really has carved out a niche allowing him to perform almost all functions in-house, creating leads off of every call.Anyhow the initial plan was to get me started as a Loan Originator, then once I was familiar with that end of things I could grab a property and he would walk me through the process.

Do you focus on the big projects first (i.e. kitchen) or prefer to cover the easier tasks right away, such as painting the bedroom?

Should we call you DJ or is there a name you prefer?