Originally posted by @Mike Cumbie:I just had a HUD deal die a miserable death this week.

California does not recognize series LLCs.

I've personally benefits from this and now originate $8M+ loans from the same loan officers who gave me my first $100K loans 10 years ago. 

I would be using hard money lending (I've heard it's around 10% with a 1% origination fee) .  

Originally posted by @Justin Stamper:@Jay Hinrichs hey brother!

Because the original value of your closed loan was based on renovations being done, there is no additional value to use for the removal of the PMI.Maybe consider refi to another lender who will order another AVM or appraisal to get you a more desirable LTV. 

Our original plan was to work directly with corporations in a more B2B way as well.

I’m being a bit uncharitable here, but they backed off of their original plan, stayed silent for two months, and then quietly passed a regulation stating four or more unrelated occupants can’t live together.

Originally posted by @Matt R.

They end up dumping more money into a sinking deal in hopes they can save their original investment.I think it's important to look at the quality of the syndicator.