So now on the same street there are 3 houses available for rental.

@Frankie Lotrec if you have an existing loan on the property and you plan to legally convert from a 4 unit to 5 unit , you should check the loan documents because you’d essentially be converting it to a commercial property, since 5+ units is considered commercial and subject to different appraisal approaches and so it would rule out the property being considered for purchasers utilizing residential financing.  

I called the zoning department and they are telling me this is a Mixed use building (N zone).

I've definitely made some mistakes here but I'm going to be very candid with the info on the deal, so please go easy on me haha.My brother and I purchased a property on a large lot in Culver City CA in 2020 that was essentially a tear down. 

Andrey this the same deal you were posting about a few months back.. if so i would contact Kathy and see whats up.. its exactly as i thought it was.. seller financing so the debt was to the seller who then probably sold the notes to other investors.. so no recourse just bad deal 

So far I’ve gotten mostly local businesses and a few colleagues that are following me.

What kind of documentation I need to get so I don't lose my capital.A neighbor of mine came with this ask of funding for building houses .

If you need me to connect you to him I am happy to do so Hey Alan , Great to meet you , thank you so much for replying to this post helps a lot .

Great tools that get updated regularly.I am on the lending side of things and would be happy to hop on a call with you anytime to discuss financial strategies and help answer any questions you may have about nearly any loan product available to help you on your journey, even if they are not products my capital partners offer.We are all here to help you learn and grow.

This is a great place to learn and to connect with people so take advantage of all the great resources.