Does anyone have a recommendation for a lender that values ADU's in CA "accurately"?
We completed our ADU earlier this year at our primary residence and it has been a great cash flowing investment. We used a HELOC...
What is the best practice when it comes to requesting Renter's Insurance, to have the Property Manager listed as an "Interested Party" on the policy, or listed as an "Additional Insured" on the policy, or both?
This was a great question. Somebody asked me yesterday. They asked, “why do you care about junior lies when you are in first position?“There are several reasons why this is important:1. It typically takes away your ex...
Does anyone know if commercial loans allow for a second mortgage or additional liens?
If so which lenders allow it?
If they do not allow it at the outset, can one request permission and get the all-clear to get a se...
Hi everyone,
I’m in the process of closing on a property in El Cajon (zip code 92020) with RM2200 zoning and enough space to add ADUs. I’m trying to decide on the best strategy for building:
• Should I go with a ...
Questions for the community about ADU builds:1) It seems that building an ADU does not add $:$ equity value to your existing property. On average, the numbers I am finding show a $0.50-0.70 equity increase per $1 inve...
Hey California investors and homeowners. I'm considering buying a sfr and converting it into a triplex by adding adu's. I'm just curious to see how it has gone for those of you that have already added adu's to your ...
Can a secondary lien holder start a foreclosure process? If I were to loan some money to use toward a down payment while a bank finances the rest, so I am a second or junior lien holder, would I be able to foreclose i...
I am considering taking out an additional loan on one of my properties for multiple reasons including increasing my liquidity as well as capital improvements to the property. I'm curious of loan products that will al...
Hello BP community! New investor here and excited to engage with the community. This year I purchased my first Investment Property in Kern County and its currently being rented. I have some additional capital put away...