I reject a lot of investors as clients because they can't handle no.

., few of our clients have gone through SB9 for the unit add-on within LA county, but I haven't seen anyone do it for the lot split.

However, I'd recommend discussing this with a knowledgeable mortgage broker to confirm the specfic terms based on your lender's guidelines.I once worked with a client who had a similar idea in San Diego.

Choose a HELOC if the property is appreciating and cash flow remains strong, or a 1031 if you want to diversify or upgrade assets.This post does not create a CPA-Client relationship.

I cut off PMs that constantly try to find ways to add revenues by what I call trickery; selling some 3rd party service that they have contracted to all their clients, recommending small fixes turn into large one's,etc, make it difficult to get 2nd opinions. 

I'd be delighted to show you some examples of our investor clients achieving these outcomes with recent purchases. 

It’s worth asking upfront about lease renewal fees, markups on maintenance, and early termination penalties.Finally, a quick personal anecdote: A few years ago, I had a client struggling with a nightmare tenant in Mission Viejo.

The successful brokers in this space often have analysists who are researching the market for listings, prospective clients etc.

All my peers and clients who previously bought tax sale properties moved away from the strategy a number of years ago so I don't have any recent experiences to go off of,  but wouldn't be surprised if the lead time is longer this time of year due to the holidays. 

Years ago as a commercial RE broker, I once had a client try to close on a commercial property using cash.