Hi, I am looking at a deal where the refinance for a BRRRR on a multi family would be essentially $60,000 cash out on a 80% LTV but it still has negative cash flow. As a total noobie here (apologies ahead of time!), i...

Market OverviewThe Los Angeles apartment market is comprised of 864,197 units in thirty-seven geographic concentrations ranging in size from the 62,684 unit Hollywood/Silver Lake submarket to the Tujunga/La Crescenta/Montrose submarket, which amounts to 5,448 units.

Plus we get a lot of people moving here from out of market and when coming from Chicago, New York, or Los Angeles, it looks like everything is on sale here comparatively speaking. 

Well I am based out of Los Angeles, Iam actually not very far from you.

I could only imagine those LOs that started during the Refi boom...

I’m a Data Scientist living in Los Angeles, and must invest out-of-state.

I live in Los Angeles so will be investing long distance. 

Thank you.I'm a lender located in Los Angeles, CA and I was considering signing up to this, but you've convinced me it's not worth the time.

Silicon Valley is not rural Ohio is not east Los Angeles. 

Smaller cities in the surrounding areas of Madrid, like Torrejon, Guadalajara, San sebastian de los reyes... etc always present some cash flowing option.