Mike,You may need to check on Excess/Surplus Lines (aka Lloyds of London, etc.). 

Yes but, It's not like the foreclosure happens, senior lien holder gets paid off, and excess funds automatically go to HOA or whoever else.

Details below...We need a FAST cash-out loan product that requires only the personal guarantee of my business partner (60% ownership) to be used for: completing the remaining rehab and getting the 1st house rent ready, paying off revolving credit accounts to get her credit score up, and funding the other projects we have in the works.To help bring you up to speed on what's transpired over the 11 weeks we've been in business...We started our business on Dec 1, 2023, leveraged our "then" good credit/high w2 incomes to bootstrap the startup, assembled a rehab team, and are now about 2 weeks out from the completion of our 1st rehabbed property.We've closed on 3 properties, all owned free/clear, and have paid for renovations with personal funds/credit.My credit score was 810, but is now 592, due to excessive debt but 100% on-time payments, therefore can't personally guarantee a loan.My business partner's score is currently in the 700s, but likely wont be for long, due to her revolving credit % continuously increasing, as we push towards the completion of the first rehab utilizing her remaining credit on her CCs.Recently, I started researching the underwriting timeline for DSCR loans. 

In that sense, the forced appreciation is way in excess of the fee.  

California charges a minimum tax of $800 a year per LLC, and more if you have gross receipts in excess of $250k.

It's never been excessive.

What are you doing to counter attempts for Rent Control, excess tenant rights, etc.?

I think our courts would find a $600+ charge to be excessive.

Seems excessive to me.

Just know no matter how much planning you do, you will be making endless runs back and forth, almost every day, and it is what it is my friend- BUY MORE THAN YOU NEED and then return all the excess all at once using the card(s) you bought it on at the end of the rehab.