.), plays a big role.Generally, there are three main refinance options for BRRRR method investors: Conventional loansBank/credit union loansDSCR loansConventional loans are generally defined as loans originated under GSE (Fannie Mae/Freddie Mac) rules and guidelines and securitized.

When we underwrite our F&F's, the guidelines are in place to make sure you have a healthy profit margin so if we see anything glaring that should be re-considered we can walk through that in order to make sure everything make sense before proceeding. 

First, Andrew Holmes decided to remove me from the program because I followed my real estate lawyer's advice, and "disobeyed" Andrew's legal advice: I didn't file a foreclosure on my paying borrower.

They honestly know what they are doingThe true way to know if someone is reputable is if they know their guidelines, can call you out if you are being unrealistic, and are quick to kill a deal rather than piece gum together and see if it will pass.

Legal action- no attorney is willing to take this on?

I recommend looking at IRS guidelines to ensure you’re capturing the right information.I understand the concern about the complexities of REPS and the risk of audits, especially with the amount at stake.

Making the basement a legal unit is costly but can be done as an ADU depending on your exact location (ADU zone maps are on City of Chicago site).

Here's another idea.There should be a legal publication in your area (ask an attorney) that has this info too.

@Zhenyang Jin A DBA is generally not necessary for your LLC in California unless you plan to operate under a name different from the LLC’s legal name. 

I will send you a copy of the agreements that I have and they are legally binding.