Assessed value is based off of what the county auditor has on record, and the appraised value is done by an independent third party, and done with much detail.

I continue to fix and flip, buy and hold does not work where I am at and I am a tired out of area landlord.I have also started investing in notes, have 2 already and working on the third.

We are looking to close on a third property in the next couple months that is a fully rented duplex, have the 25% to put down.  

It's a duplex with a third nonconforming unit.

TD Bank and Third Federal look attractive but I don't have your scenario info to know what you qualify for.http://www.bankrate.com/funnel/home-equity/

I just started going to a local Real Estate Investors meet up group in Peachtree City that is meeting on third Tuesday of each month.

My addresses are all in Excel and we're doing all handwritten, self-mailed letters so now third-party company managing the data for us.

Los Angeles stats:(1) Bull market (first quarter of 1975 through the third quarter of 1980): real home price increased by 69% over 23 quarters.Bear market (1980 Q4 to 1984 Q2): real price decreased by 9% for 15 quarters.(2) Bull market (1984 Q3-1989 Q4): up 67% for 22 quarters.Bear market (1990 Q1-1997 Q2): down 37% for 30 quarters.(3) Bull market (1997 Q3-2006 Q4): up 166% for 38 quarters.Bear market (2007 Q1-2012 Q2): down 43% for 22 quarters.(4) Bull market (2012 Q3-2015 Q1): so far the price is up 27% for 11 quarters.If history is any guide, the L.A. housing price cycle seems to last about 12 years on average, of which seven years is spent in the bull market with at least 65% real price appreciation, and five years is spent in the bear market.

A good contractor might ask for a third upfront but you can work with them on that.

House rules were easy to change by the board but bylaws need usually two thirds to 100% owner approval.