If it is in a ADU zone and there is a non-conforming existing unit it is my understanding that you can do the 4 unit loan limit pending the certification of the 4th unit.  

Realtor was close but I couldn't select pending options only.

The harsh reality is in today's market if that property was a good deal it would already be pending.

Purchase price: $220,000 Contributors: Adam Polokoff, Christopher Mannella, Blake Massey, Stone Bettersworth, Mitchell Kramer, Clay Corley Property Sold to one of my investors that found this deal a no brainer Expected Numbers BelowPP: $220,000Rehab: $36,000Expected ARV:$280,000Property is Currently Pending for $330K 7 DOM What made you interested in investing in this type of deal?

Home is currently pending for $219,000 What made you interested in investing in this type of deal?

Second, I’d ask why it fell out of pending status. 

Since you are a broker you also can see what is pending and time your appraisal accordingly.

Turned out the house was already pending but there was another townhome in the same community. that was about to go up for sale.

. _________________________________________________________________________________________________- An opening date is tentatively set for sometime between the next six to eight weeks, pending ongoing city ordinance approvals required during buildout. _________________________________________________________________________________________________- P.S.

They pop up on the market and go pending quickly, but they also are easy to keep rented all year.