In the short term, though, I've got a choice between adding a small ADU (or studio) onto my duplex, if allowable by Emeryville's codes, or buying a second rental property. 

I've been a long time borrower and listener of TNG's seminars and courses.

Numbers look like this:88,000 purchase on each side--176,000 totalWe will call rehab at 40,000 per side ---80,000 totalSince our money is in other places at the moment, we are borrowing, 1 point, and 5% interest --on 175,000 ( 70% from lender, we will bring the rest ) until rehab is completed.

If prices are rising you have no choice but to pay over comps.

Every segment of every profession and life has their knuckle heads, but its blatantly unfair to group an entire group because of what have been your poor choices! 

The bank refused to give me any information on the loan since I was not authorized by the original borrower.

Worst case scenario and LLC gets sued, I'm out the money that was borrowed by LLC. 

If not you might need to find another property or loan scenario.If a borrower’s exit strategy is to rent and refinance the subject property, the hard money lender is going to want to know if the borrower is creditworthy to obtain a refinance loan in order to accomplish the exit strategy.

Banks can only have certain amounts lent out to certian industries, certain borrowers etc.  

I made a lot of dumb choices along the way, but I think I'm finally starting to get on the right track.