@Jerome MorelosIt will be similar to what you sign with a bank, there will be a note (which is the iou which states how much you can borrow and at what terms and length)Then there will be a deed in trust (assuming California) which is a recorded document that uses the property as security.

Looking forward to collaborating and achieving success together in this dynamic field!

A question I have been pondering within myself for some time and figured here would be a good place to get an answer.I currently own a home that has close to 100k in equity in it, we plan to move in 3-5 years to our long term house and would be sizing up a fair amount.So my question is should I use the equity to fund investments/projects, or should I save it and roll it all into my next house so I can have it paid off sooner/lower my monthly.

Happy to help if you are looking to do long term buy and hold and I have another agent with us that could certainly help if you are looking at doing some flipping.

Sometimes its worth a higher cost, especially if you know the lender will close on their proposed terms.

The most increase I was successful with was $150 but that was  10 % and they knew they had a good deal.

If you want to avoid the lengthy process of securing permits and navigating ordinances, you can always opt for long-term rental for the first year.

He smiles and said okay, "but that's a long list."  

Just click through the active listings and see how long they have been on the market, if they are mostly longer than yours, at least yours hasn't gone blow average yet.

I've done over 75 flips in the past 3 years, we manage 300+ doors, and I own 28 long term rentals.