The idea of raising asset values gives people the illusion that they have wealth “wealth effect”, if someone is paycheck to paycheck (like most Americans are) but they are told they have 6 figures in “equity”, they still feel strong with their financial position. they don’t feel the need to save, and thus as a consumer driven economy that we are, they continue to live paycheck to pay check without feeling like they aren’t saving, because their “house is saving for them”….but then the fed hits the brakes when too much money gets out into the system and it sucks out all of that phantom equity with higher rates.

You should be able to express your goal in one minute and then expand if questions are asked.

I had an idea, but I never expressed it to the lender as I saw as more of a long term event that would happen sometime in the mid-long term future.

I'd like to share my history within real estate and then express my goals for the short/longterm. 

Express the same concern to the lender who is willing to loan money to an individual person with the collateral being owned by an LLC?

I just purchased my first multi-unit property (duplex) in Sacramento, just near American River College.

I just purchased my first multi-unit property (duplex) in Sacramento, just near American River College.

You should be able to express your goal in one minute and then expand if questions are asked.

What I've been referring to is actually an "enhanced" owners policy (see First American's Eagle product) which is significantly more comprehensive than extended and only available to residential homeowners (at least where we do business).Extended coverage is simply an alta owners policy with the 5 standard exceptions removed (after meeting the criteria -- affidavits, survey, additional premium, etc. -- for removal).Sounds like you figured a out a plan that works for you.

You can go to the member directory for the American Association of Private Lenders at AAPLOnline.com .