I am surprised that the answer is not in your state landlord tenant regulations with CA being tenant friendly.

Need to check with the state.. unsecured debt definitely has Usury rules. and many states do .. you would ADD in the points.. or fee or whatever.. so that rate for 6 months would be 34% apr or there about so one needs to check with your state.also license is not a big deal to a borrower big deal though to lender.. you can have your interest knocked off you can have all sorts of legal problems regardless of sophistication.. one off lending usually has a carve out.. but if you at all hold yourself out as a lender.. you need to be licensed in about 12 states  CA being one of them. 

The seller says it ca be APPEALED for 3 or 4 plex.

The property is in New York and the eviction laws ca be tricky and time consuming.

Thsts a question that you can get best answered by ssking the sdmins esch of those towns or cities.it can vary widely in esch locale.besides which you can usually learn something new in those areas that ca be useful

One of the biggest challenges is building a team in a remote market (Milwaukee WI, Madison WI, Austin TX, Sacramento CA..) Being

I can share a simple calculator that I use that evaluates across several contingency options and ca be filled in in less than 10 seconds if you know your math.

This is a great strategy for many people in expensive markets like what we have here in Orange County, CA. Be

Also taking into consideration CA being a tenant-friendlier state, I’d hate for my first experience to be a bad one.

It would be a non-profit obviously, but would starting it in a state like CA be a bad idea due to, well, its CA!