The reserves are pretty restrictive but if you can use any liquid asset (cash value life, stocks, bonds, qualified plans, CD's, savings/checking,etc).Hopefully that helps.

I am in the process of closing the deal on my 2nd real estate investment and I am looking to connect with a group of real estate investors in the Los Angeles area, who would like to meetup once in a while, serve as a network to one another, bounce investment ideas off each other and after bonding, potentially go in on deals together as well.

In Mass as an attorney I just needed to apply to become a Broker (and pay the bond).

If you ask a good experienced lender, they will tell you the same, the same holds true for well versed and experienced realtors in this space as well.Finally an experienced 203k contractor will be able to get you processed and closed significantly faster, as they are equipped to handle the administrative burden set by the lender:Registration, Bonding & PermittingProper Estimate StructureW-9Insurance & Workers Comp.EPA CertificationFinancial CapacityReferences & Past Performance...... much more... varies by lenderWell hope that helps, I really encourage you to visit that resource and simply call/email. 

I love the stock market, but my money is 90% S&P 500 low cost index fund and 10% short term bonds - Warren Buffet's recommendation.My active investing efforts are 100% real estate. 

It's probably pretty unlikely, but after hurricane Sandy the state decided to strengthen up the laws a little.

No but you may be willing to pay $12,000 for a $10,000 bond that is delivering above market returns....The making money when you buy isn't always correct either, you had several people who "made money" purchasing a house with equity in 2005 that ended up losing money when the market tanked.I am not saying he should buy this, I am just shooting a massive hole through your theory. 

Our goal is to strengthen the Investor community here and get you connected to the right people to help you reach your real estate goals.This meeting will be helo from 6-8pm Thursday September 8th.

The district created a financing mechanism where the landowner controlled the work scope and budget for a specific project and financed the project by issuing bonds to pay for the project.

Lol Tyler Bond Trust me - it's way cooler the that the other guys in this thread are commenting!