In midst of Bank Statement Refi and need a CPA

[Gabriel Ramos]

I started buying homes last year with the intention of exclusively fixing and flipping for a few years and then transitioning into holding rentals. Unfortunately the market took at  turn in one the the properties I bought and now I am needing to refi out of my hard money then transition into holding. I've already started the refi but I need a CPA that can verify my expense ratio. Any recommendations of California CPAs that are expiernced in RE investing?

[Basit Siddiqi]

The issue is that it appears that you don't have an ongoing relationship with a CPA.

It appears that your lender is asking for assurance that the income / losses from your 2023 tax return are accurate along with maybe assurance for 2024 as well.

I don't think a lot of CPA's will do what you are requesting as they don't know who you are and put themselves at risk with a lender.