All Forum Posts by: Chet Mazur

Before I say hard money lender organized on the consumer finance law which has now become Department of BusinessOversight (DBO) protects consumers and oversees financial service providers and products

Do you want cash flow or appreciation. post crash there are a lot (more than there were) opportunities for positive flow, with low interest rates too boot. I have chosen to pursue appreciation.

CA being the sue happy place that it is, I would use some entity ro provide an additional liability shield.

Given these are you only real property, are you familiar w/ FIRPTA?

http://www.sec.gov/answers/accred.htm

It's basically a set of rules to help prevent unaccredited investors from making investments they're not ready for.

But they are all the cool things like private placement (buying Facebook) before it was public. Being an investor in a development of some sort. etc.

Type on my part. Reverse PITI. The hard part is it a multivariable equation. unless you find 3 of the 4 vatiable.

The advise I was given was based on the due dilence with wich a broker must ask and the potential liabilities making certain representations may cause.

The last "partnership" was with a close friend, there I was afraid of it ruining our friendship. We picked some one we both agreed to be an informal arbiters.

We went to him to resolved  things that we didn't want to go to war over.

GOOD LUCK.

O think x-plexes are a great strategy. If you looking to invest in CA, they are pretty scare, people was to for condo, and tenants I Common (TIC) structure for more bang on the buck.

If you lived in one of the unit and you your rent paid b the other units, it's particularly nice.

| Also refereed to as "Reinstatement Period".

(and I was advised )Unless there is and acceleration/dye on sale close. The full amount can go to sale. There is special language in the NOD and I think NTS as well.

Checks the county records and (here in Santa clara county) the Assessor's file looking for the lender in question. basic a search as follows:

show all transaction in the last 12 months where lender=billy-bob. I use a service for this, but you should be able to do the search at the county recorders.

If the search return 2 refi's or purchase money transactions I would say the person is a flake. Similarly if it comes back at 10,000, they might be a scam too.