Check California and San Francisco law to see if they list the item.

Investment Info:Small multi-family (2-4 units) buy & hold investment in San Luis Obispo.

Felt the same way about San Antonio FWIW. 

Just had a family member recently move down there from San Diego.

Kyle PotswaldCitizens first position HELOC CMG Financial 70% LTVConsolidated CCU, high LTV NOO LOC, OR, WAEast West Bank, up to 60% LTV with "no docs” San Fran areaFigure 80% on a rental, not in LLC Finance of America, 95% CLTV, second home only, 680 FICO, not TXFirstBank CO and AZ 75% LTVFirst Florida Credit Union https://firstflorida.cumortgag...

I was a RE broker doing acquasitions for a large syndicator in the 80s in San Francisco / Sacramento market.. and thats what brought down their billion dollar buziness taking reserve money from good projects to prop up losers..

I am looking to buy again in the next six months.Here’s the situation:I own a home in San Diego, currently worth about $1.05 million once the ADU is built.I owe $680k on the mortgage at 4.25%, with monthly payments around $5,500.The property generates $7,500 in monthly income: $5,200 from the main house as a vacation rental and about $2,300 from the ADU as a mid-term rental.My broker is advising me to do a cash-out refinance and switch to a DSCR loan, then move the property into my LLC.I’m hesitant because current interest rates are around 8%, and I was originally considering a HELOC due to these high rates.Given the high rates, would you recommend sticking with the HELOC, or does the DSCR loan make more sense in the long run?

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.

I pulled the recorded liens against the properties, most of which relate to 1) City of San Antonio fines for mowing and demolition, and 2) Vendor's Liens.Two questions for the BP Community:  1) Are the City fines extinguished at tax sale? 

Insurance would cover it, I would pay the deductible, and no assets would be lost.If you are in an area like San Diego where people are more likely to sue, a judge is more likely to find you guilty, and the payout is expected to be higher, you may consider an umbrella insurance policy.