Your Thoughts About Shared Equity Investments?I'm curious to know what lenders, investors and RE industry stakeholders think about Shared Equity investing?We've been in the Accessory Dwelling Unit (ADU) aka BACKYARD HOME business in san Diego for almost 40 years. Until recently most of our transactions have been cash, leveraging capital from IRA's, 401k's, retirement accounts, RE portfolios or conventional cash out REFI, HELOC, 2nds, etc. However during the past few years since the new California ADU laws were enacted we've been paying some attention to the companies that offer what is known as "Shared Equity" loans. Is anyone familiar with or actually used these types of loans? What is your opinion of them? What are the down side risks vs the upside potential for investors?At first I ... 08/18/2022

Thank You Active Rain For Indulging My Blunder In Yesterday's Zoomeet!What a raucous but absolute blast and such a great way to start the New Year. Finally after a dozen plus years of communicating through our words and pics a real opportunity to get to know some of the personalities on Active Rain. I love the whole concept of virtual confab. Especially given our present circumstances. Up close and personal eyeball to eyeball is always preferable, however we must take what we can get during these unprecedented times. Thank you all for indulging me yesterday. It was a real honor and an absolute blast and I look forward to attending and participating in many more of these opportunities.I'm more than happy to answer any/all questions anyone may have about the BACKYARD HOME biz. I will be p... 01/06/2021

Accessory Dwelling Units Are Not A Back It Up and Plug It In procedure Accessory Dwelling Units Are Not A Back It Up and Plug It In Procedure. Inexpensive? Fast? Easy? In a word, NO! Adding a 500sf BACKYARD HOME to your property can be every bit as complicated, time consuming and costly, relatively speaking, as building a 5000sf home.  Smaller is not always cheaper in construction. Contractors, as in almost any business, have to deal with economies of scale.  How much time will it take a contractor to wallow through the permit process for a 500sf ADU? Probably just about as long as it takes them for a 5000sf home. Time is money and your contractor will charge you the same for this service regardless of the size of the home.  What about site preparation? Sure they are dealing with a much... 05/12/2019

                            BACKYARD HOME anyone? The city of Encinitas continues to lead the field when it comes to embracing and implementing the latest California laws on Accessory Dwelling Units (ADU). It's been somewhat of a challenge for most of the San Diego Jurisdictions to come to terms with. However, Encinitas has gone far beyond the pale. They have actually launched what they proudly call their PRADU Program and waived all their permits including the grading permit. Additionally, there will be no school fees for any ADU under 500sf. This greatly reduces the overall costs and often cumbersome and lengthy time it takes to go through the permit and plan approval process.To find out more about this exciting new program  and how CREST BACKYARD HOMES can help turn your ADU goals in... 03/10/2019

 San Diego Homeowners Please Join Our 'BACKYARD HOME' ADU Factory Tour  Has anyone ever wondered how a Factory Built Home is Built? Well, now you have an opportunity to do just that and have some fun doing it. The time has come for the rubber to literally meet the road. Come and see for yourself how the entire construction process takes place from the mainframe to the final coat of paint. Space is limited so it's first come first served. JUN 09 INVITATION - Factory Tour to Silvercrest by Crest Backyard Homes $50   Actions and Detail Panel   INVITATION - Factory Tour to Silvercrest Sat, June 9, 2018, 9:00 AM – 2:00 PM PDT  $50 TICKETS Event Information DESCRIPTION CREST BACKYARD HOMES would like to invite you to join us for a tour of the Silvercrest Manufactured Home & ADU factory in Cor... 04/09/2018

San Diego Jurisdictions Embrace Backyard Home (ADU) Ordinances It's been a challenge met with mild to strong resistance, however, many if not most San Diego Jurisdictions, including the County, are coming to grips with California's newest laws on "Backyard Home" aka "Accessory Dwelling Unit" (ADU) ordinances. While some jurisdictions are still resisting or not embracing the new law in its entirety, there are others like the City of Encinitas who are leading the field with proactive and streamlined permit processing requirements and costs; Possibly even fee waivers.  In fact they are even considering fast tracking pre approved plans that meet their criteria in order to make the process even less burdensome, time consuming and costly to the property/homeowner. Before the new State Laws we... 02/09/2018

Reminder For Senate Bill 1069 Accessory Dwelling Unit 'ADU' Workshop.     Anyone in Cali want to join us on Wednesday, April 19th from 11:30-1?    No need to comment if you're not from Cali. This is an opportunity to learn about  California Senate Bill 1069 & Assembly Bill 2299 laws that went into effect on January 17th. You will be getting information straight from the source. Our keynote speaker will be a representative from the California Housing and Community Development Department (HCD). We will also have a representative from the Loftin Firm Law group to answer questions regarding the various legal issues that may arise due to zoning and building code regulations throughout the cities and counties in California. We will be recording the workshop and downloading it to You tube. We... 04/14/2017