I'll also teach you what I know about identifying the ideal property for PadSplit, refinancing, as well as strategies for flipping homes into turnkey PadSplits that command a premium on the market.

Any law that tries to do otherwise conflicts with sb13 and ab2533 (unless the unpermitted units was created post dates of protection by those laws).i agree he should get it permitted especially if close to the price quoted, but issues due to unpermitted units that are protected be sb13 and/or ab2533 present minimal risk and if it does happen get HCD to assist in any issues. 

Jorge, this post hits hard—raising equity is definitely a beast!

Good afternoon everyone, been a member for over a year now and got started in Real Estate because of Biggerpockets, this is my first post. 

Not sure if I'm allowed to post external links here, but it's in my BiggerPockets profile page.

I would imagine if the home is being prepped before hand to remove all hazards, post burn there should be minimal debris.

Do you need an S-Corp depends on your overall tax situation and profit you are expecting form this flip.This post does not create a CPA-Client relationship.

Based on your post it kind of sounds like you want a beach/lake house but like the idea of it making money too.

The information contained in this post is not to be relied upon.

Post construction appraisals for this model are coming back at $377k.