Whoever does, will be a punching bag for the rest as prices are NEVER low enough for owners.Who's going to get the proper license(s)?

There is an organization in LA that will help you navigate the permitting process and provide some advice/guidance *before* you go to the permit offices and let the cat out of the bag.  

@Carlos Ptriawan  Usually I'm attacked when I say thing like this, but well yes I'll try to explain from the big picture and mini picture here and kind of mixed bag PoV okay ;-) lol.in big picture, back to basicfirst of all , the relationship between the borrower and the lender ; are never equal.

Actually, the cash was in a paper bag.

Better hope it closes ok, or someone is holding a bag of *****Thanks.

100% agreed here.And the only investment that I could ever find that is as "passive" as can possibly be.Just need a large enough bag parked at 5.2% and one can go to sleep lol

For paper products I provide 2 rolls of paper towels, a small roll of trash bags, and a 4-pack of toilet paper.

In my market it's a mixed bag currently: we still have very low inventory in the entry-level price bands (under $1M) where we are still seeing multiple offers above-ask on any reasonably-priced listing that's in decent condition (I saw one go over-ask by $500k last week with 18 offers!)

Give Dickie Baldwin a call at BAG offers collateral view, or he can point you in the right direction.

@Ethan GidcumbLenders will not and here is whyTake a $200k property needing $150k renovation and arc is $400kLet’s say lender will lend $325k - they are not giving it at closing - there will be construction draws as I have seen borrowers take money to use on other projects and then lender is stuck holding the bag until he sues on the guaranty and goes after the borrower