Why Most LA 4-Unit Listings Fail the FHA Self-Sufficiency Test (and How to Underwrite Around It)
First-time investors keep getting talked into 3.5%-down FHA on Los Angeles fourplexes. Then escrow opens, the lender runs the math, and the deal dies on a single line of HUD's underwriting handbook. The rule that kills it, the five workarounds that pencil, and a 30-second pre-screen.
TOC Tier 3: How a Single Zoning Tier Changes a 90015 Deal by 40%
LA built one of the most aggressive density-bonus regimes in the country, then made eligibility nearly invisible. Operators who can decode it write offers on lots a competitor passed on the week before. And walk away with 40-70% more buildable area.
The 5 Utility Constraints That Kill LA Industrial Deals (Lessons from a Decade in Capital Projects)
Industrial deals in LA do not die in escrow because the rent does not pencil. They die in due diligence. Usually around week six. When someone finally calls the utility. The five constraints that consistently end deals, and the calls that should be made before LOI.