@Will Barnard If I'm understanding you correctly, you're reading my question as tho' they would put up all the money, yes?

Further, he is correct the FNMA program being cited is the incorrect product for this scenario.

Wayne, you are correct, that is a possibility.

The LA market is crazy strong, but we're not seeing nearly as many all-cash deals as last year, but still quite a few.If I recall correctly, Realtor.com published an infographic that showed nearly 50%+ of all real estate transactions in the Los Angeles went above asking - crazy.

Not everything dreamed up by someone somewhere else will always fly.I think too that what many starting off may not understand is that in RE, you have an inventory of tools that allow you to conduct business.

I don't think you're going to have trouble getting another loan if I understand you correctly.

I'm using the lasted Chrome on a Mac.When I use Chrome's developer dev tools, I can see several javascript errors which occur as I'm typing in a name.

I'm great with power tools, not so much with computers!

First off - Sorry about the topic, this is my first post and I didn't realize you can't correct topic spelling/grammar mistakes after posting.

@Gautam Venkatesan you are correct.