The best thing I have learned is to network with others in the industry.

While we are on beer, a bunch of us went to a sports bar for a Cards game.

Maybe later in the game when I'm more comfortable with my abilities would I consider pooling in other investors.

Hardmoney lending is sort of like being a limited partner in a real estate partnership with a little more skin in the game.

It was my understanding (as someone not in the financial industry) that financial institutions did not have to write down current mortgages the same way they had to write down those late or in default.

It's so disheartening living in a state that has every conceivable industry, tens of thousands of acres of farmland that is blocked from use, and if it were a country could be one of the most wealthy in the world, yet the mismanagement by our state government for decades has cities rushing to file for bankruptcy.

My local lender asked for past 2 tax returns and still asks me for a recent pay stub every time I apply for a loan even though I now have 4 through them.One big paycheck might be easy to show (depending on your industry/pay scale)... tax returns show a better trend of your earning power.

I'm used to bad customer service in this industry, but my experience with HUD attorneys (and attorneys in general) has always been good...sucks that even attorneys these days are reflecting bad on the industry.

Raje, is there a specific property type you want to buy in Orange County.. ie, did you prefer single family homes, multifamily housing, retail, industrial or office properties?

While some folks decry the industrial scale farming that's occurred in the US, its much more efficient.