If they were hired by you, they should be able to navigate you out of this situation fairly easily.

Power of attorney is not permitted, but I did have one lender who blessed off on a corporate resolution for a stateside entity member to have signing authority for the business.

This is a relationship-based business.

The market is booming in both the business and real estate sectors.

One property is a condo (in CA) that I rent out, and the other property is a house (in NV) that I live in and rent out the other rooms.I quit my W2 job last year to start a business, which is slightly profitable today, but I reinvest everything back into the business.I have a bunch of cash saved up and am comfortable deploying $100K into another property in Las Vegas ($80K down payment + $10K furnishing + $10K margin).The only problem is that I’m not sure how to finance my next house without W2 income.I talked to a few lenders about DSCR loans, and most say they calculate rental income based on the entire house, instead of by the room.I would love to get the creative knowledge of the BP community on how to fund my next home 🙏🏼I'm also open to any lender referrals 😊

As such, the guru is so successful with real estate, why are they taking time away from such a profitable, lucrative business to sell their secrets to others.  

Like any business, it has had its ups and downs.

But if you want to set up a business and manage other properties for fees, you have to be licensed.

There's a lot to navigate but we spent a lot of time at least 10 days driving through over 40 infill lots to get to know the market and following up on a lot of them.

I have agreed to lend a friend who does fix and flips some cash for a property, with an agreement for a 10% ROI (I am lending 10k since this is my first time doing business with him, however I do trust him.)