It gives me the feeling that the current renters might not meet the qualifications I generally have for my properties. 

I'm not comfortable with them representing both of us.

Your standard retail building with a few tenants. looking into different cash out options, but I feel sticking with conventional for the cash out refinance, but flipping to DSCR lender for the next purchase of mixed use real estate is the best of both worlds.  

Feel free to send me a DM with any questions.

But for investment properties, I’d feel that would open us up to way too much liability that insurance likely wouldn’t have to cover if a tenant or guest was injured where a permit was required but not obtained.

If you would like feel free to message me we are in the LA area too.

So with all of that coming at it sideways said above, having a positive net worth that is large is much more comfortable feeling than having a net worth that is small or nonexistent.

The client is an experienced investor and comfortable with sweat equity so this was the perfect deal for him.

These loans DO meet my criteria, so I feel they are safer than many of the funds I looked at.If I'm in a state, like Texas, with great foreclosure laws, this, for me, is no more risky than buying the property for all cash at the price point equal to the loan balance.

Would you flip a house in a market you wouldn't be comfortable holding long term?