I used a house I paid cash for as collateral for a commercial loan in the name of my LLC...but I still had to personally endorse the note so my personal credit was a factor.

I don't like to endorse anyone dropping coverage or enhancements from their policies, but sometimes you don't have a choice. 

It was introduced by our democratic controlled legislature who approached CAR and obtained their endorsement because this will result in many more real estate sales (and commissions). 

So you get potentially more coverage.If the Blanket endorsement is not available in CA, then what he is saying about adding to his policy is correct, each additional insured would have to be an sepparate endorsement to the policy and might be charged for (here it could be $50-$100 each)If you do not require the additional insured status, you should see if the company will notify you of cancellation. 

I am disclosing that I do have a California Department of Real Estate License with a MLO Endorsement.

In California you can hold a loan originator endorsement under the DRE.

Any strategy that LS does not endorse is NOT allowed for their members. 

And for the companies that endorse WealthAbility, I would think twice about putting your stamp of approval on such a sleazy sham of a business.

And for the companies that endorse WealthAbility, I would think twice about putting your stamp of approval on such a sleazy sham of a business.

The following links are not an endorsement of a particular lender, but just a quick googling of terms / rates (terms are all going to be similar as they have to comply with Fannie U/W policy regardless of originating lender) for Fannie programs:http://www.crefcoa.com/apartment-rates-main-fannie...http://www.crefcoa.com/fannie-mae-multifamily-small-loans.htmlThe tl;dr version is that you can get 80% LTV/LTC, 30 year fixed,  on properties with non recourse financing on fully stabilized properties (90% occupied is a requirement).The issue is that people think you can START with that financing on a non-stabilized/value add/new construction/rehab type property.