Last year one of our lenders would not lend to new customers or customers who have never did a commercial loan with them.  

However, vacancy means covering 100% of the expenses.Multifamily properties almost always generate higher cash flow due to multiple income streams, which also reduces the risk of vacancies.

(We're from California as well) Everything has been extremely smooth so far and their staff has been excellent with their customer service. 

Yelp is a good source because it lets you read reviews of actual customers.

The very tragic LA fires have generated a lot of discussion about insurance costs.

They don’t believe in good customer service. 

Hi Jessica, I would suggest getting a propstream or any other lead generation account, finding cash buyers who bought similiar properties to yours in the last 3-6 months in the area of the properties you are looking to sell, skip trace then cold call or cold texting the list. 

Yes we avoid custom work to help keep cost down. 

In addition, we pull our own comps and use Lightning Docs to generate our loan documents.

The property was rented and generated $160 cash flow after mortgage, taxes, insurance and property management fees were paid.