I'm a notorious lurker, so it's a bit of a shock to my system to emerge from the shadows, but I'm happy to do it.

I think that is going to bring a reality shock to my father, who is to some degree mentally living in the RE land of 7 years ago when houses sold in their neighborhood for almost 700k that were complete wrecks.

He was shocked when we met for coffee and saw who the guy on the phone was :) Keep it up man.

I used to be shocked when I found out homeowners don't know what their rates are on the morgtage, but then I've learned MOST don't have a clue how much is left on their mortgage, let alone what rate they are paying.I feel, as the Pro, we do our due diligence on each property before we respond to their ads or make an offer.

I'm kinda shocked you would sign your name for $80k and walk away and shrug your shoulders.

I would be shocked if the bank allows you to transfer ownership while keeping the mortgage in your father's name.

Yes banks will offer 5 years fixed all day long and they are junk loans to me.5 years is not enough time to pay down the loan to curb loan rate reset shock. 7 to 10 years for commercial is optimal.

Brandon Turner huge fan of all your posts and pod casts, but I am shocked I never came across this one!

Or dawn a sweater and take MUNI out to Ocean Beach for some true SF weather shock.

Thanks Tj Hines, This is all new to me, and I was shocked when I discovered this.