We’re based in Los Angeles and open to creative or unconventional strategies as long as they help preserve capital or minimize losses. 

Now that's the amount of insurance and not necessarily the amount of the loss which could be a different calculation.Second, if memory serves me, a claim for unjust enrichment requires the cause of action be based on a contract between the parties where the plaintiff (your friend) performed a service for the defendant (the property owner) for which the plaintiff had an expectation to be paid. 

Some attorney suggestions are based on making it more difficult for the lender to “discover” that a transfer occurred; some seek to “disguise” the transfer as one to an entity controlled or related to the original borrower; and some maintain that a strict legal reading will have enough “smoke” that the lender won’t bother to accelerate - as long as they are being paid timely.  

I would be looking for a remote based cpa that has California experience.

Most 4 plexes in okc are not in the high rent areas unless you have one in a few specific neighborhoods (plaza, paseo etc)  Based on the appraisal I would guess its in one of those but that would have a huge impact on keeping or selling. 

If you plan to keep and hold them, then I would recommend a standard 2nd position 30-year fixed HELOAN.HELOAN will have better rates and be fixed for 30 years where a HELOC will typically be adjustable rates and higher base rates.  

We're based in Northern Virginia and looking to expand our residential redevelopment business in the Hampton Roads area.

And by that I mean they are choosing JUST based on the numbers and under the impression that if they are not getting positive cash flow day one or a 10% return day one that its a bad investment..

Are there specific guidelines or tax implications I should be aware of based on how I plan to use the property?

Hey everyone, my name is Kearan, and I am a new real estate agent based out of the Hastings area.