Cash with investors How did you add value to the deal?

If you have the cash to complete the transaction as is, I would recommend simply paying the balance.  

Ray you can still lend in CA you simply need a RE Broker to run the paper work for you so the state Is happy and they will usually want some sort of fee for their time and risk / effort.

I'm not really "pitching an idea" as much as I'm wanting to scale up something that is untapped and ready to roll. 

If the numbers don't meet your expectations, walk.

Will add though, that a good PMC will immediately alert an owner about what their property really is and the expected challenges.Unfortunately, a decent portion of the time we do this, owners either don't want to believe the Evaluation Video we send them or decide to sell.

Then comes Chip and Joanna Gaines and their hit show "Fixer Upper".

If it was me...I'd check with zoning to find out how many dwelling units I could build, and I'd find what the requirements are for those units (type of house, height and setback restrictions, etc.).Then I'd find out what local builders think the cost to construct would be - just get a cost estimate per square foot for 2 or 3 different levels of finish.

Happy Holidays BP Family - I'm currently working on a seller financed industrial deal, asset on the smaller end (~10ksf).

Honestly, it does open up the amount of renters you attract to.