| Guarantor | |
|---|---|
| Name (as on driver's licence) | Frederick M. Reinstein |
| Name variations / AKA | Fred M. Reinstein; Fred Reinstein |
| Date of birth | |
| Social Security number | |
| Mother's maiden name | |
| Telephone | (310) 500-7939 |
| Address | 1409 Benedict Canyon Drive, Beverly Hills, CA 90210, USA — Own (title held by Riverstone LLC); About 10 years |
| Marital status · spouse | Married · Patricia A. Reinstein |
| Primary source of income · occupation | IRA distributions, Social Security, rental real estate · Real estate investor; General Partner, Reinstein Enterprises LP |
| Co-Applicant | |
|---|---|
| Name (as on driver's licence) | Patricia A. Reinstein |
| Name variations / AKA | Patricia Ann Reinstein; Pat Reinstein |
| Date of birth | |
| Social Security number | |
| Mother's maiden name | |
| Telephone | (310) 276-7745 |
| Address | 1409 Benedict Canyon Drive, Beverly Hills, CA 90210, USA — Own; About 10 years |
| Marital status · spouse | Married · Frederick M. Reinstein |
| Primary source of income · occupation | Social Security · Retired |
| Total primary monthly housing expense (mortgage, taxes, insurance) | $11,020 — shared |
| Basis | Our joint financial condition · income and assets of the co-applicant are used for qualification (community-property state) |
| Gross annual income (2025) | Fred | Patricia | Total |
|---|---|---|---|
| Base employment income No salary paid since the earlier statement ($84,000 then) | $0 | $0 | $0 |
| Overtime | $0 | $0 | $0 |
| Commission | $0 | $0 | $0 |
| Dividends / interest UBS trust account NE 18022, 2025 Form 1099 | $639 | $0 | $639 |
| Net rental income Long Beach $109,402 after escrowed tax and insurance; Arizona $475; Arkansas see Schedule G | $120,447 | $0 | $120,447 |
| Other — Social Security (net benefits 2025) SSA-1099s | $37,056 | $19,872 | $56,928 |
| Other — IRA distributions 2025 UBS Forms 1099-R; 2026 required distributions $66,385 and $424 | $57,867 | $416 | $58,283 |
| Total annual income |
| Annual expenditure (combined) | Amount |
|---|---|
| Real estate payments (mortgages) Axos $173,780 + MidFirst $68,318 + Newrez $16,177. The Citizens Bank loan on Arkansas ($65,637 a year) is paid by the Reinstein Living Trust from its Arvest account and, like the Arkansas rent, is shown only on the property schedule (Section 4, property D) — not in these personal totals | $251,916 |
| Property taxes Benedict $40,058, Arizona escrow, Long Beach escrow | $57,324 |
| Revolving credit card interest and minimums | $18,000 |
| Income taxes 2024 total tax $0 | $0 |
| Total annual expenditure |
Axos's form lists assets and liabilities in this order; the supporting schedules below follow it: cash (A), retirement accounts (D), marketable securities (B), receivables and other assets, life insurance (E), real estate (Section 4), then revolving and instalment credit (F), real estate debt (Section 4) and life-insurance loans (E).
| Assets | Amount |
|---|---|
| Cash accounts (Schedule A) | |
| Marketable securities (Schedule B) | |
| Retirement accounts (Schedule D) | |
| Cash surrender value of life insurance — gross (Schedule E) | |
| Real estate owned (Schedule G) | |
| Personal property and other assets | |
| Total assets |
| Liabilities | Amount |
|---|---|
| Revolving credit, instalment and other notes (Schedule F) | |
| Real estate debt (Schedule G) | |
| Loans on life insurance (Schedule E) | |
| Income taxes payable | $0 |
| Total liabilities | |
| Net worth |
| Owner | Financial institution · account | Note | Balance |
|---|---|---|---|
| S | JPMorgan Chase — Private Client checking …0943 (Patricia) Statement 31 Aug 2026 | Statement 31 Aug 2026 | $6,949 |
| S | JPMorgan Chase — Private Client savings …3863 (Patricia) Statement 31 Aug 2026 | Statement 31 Aug 2026 | $130,101 |
| LP | JPMorgan Chase — Business Complete Checking …0042 (Reinstein Enterprises LP) Chase activity export, balance 09/01/2026 | Chase activity export, balance 09/01/2026 | $22,125 |
| Total | |||
| Owner | Type | Company | Account | Note | Vested value |
|---|---|---|---|---|---|
| I | Traditional IRA | UBS Wealth Management | NE 29653 | UBS online 23 Sep 2026 ($1,115,271 at 31 Dec 2025) | $1,043,364 |
| S | Traditional IRA | UBS Wealth Management | NE 39993 | UBS online 23 Sep 2026 ($7,507 at 31 Dec 2025) | $7,692 |
| Total | |||||
| Owner | Description | Broker | Account | Pledged? | Market value |
|---|---|---|---|---|---|
| RT | Reinstein Living Trust — investment account UBS online balance 23 Sep 2026 ($592,478.31); NE 42259 and NE 59474 hold $0. Replace with the September statement when it arrives | UBS Financial Services | NE 18022 | YES — UBS Premier Credit Line | $592,478 |
| Total | |||||
| Description | Value |
|---|---|
| Personal property — 2017 Airstream, furnishings, art estimate from the earlier statement | $550,000 |
| Loan receivables — Alliance Administration and Nucleus Core undocumented; Nucleus is being dissolved | $350,000 |
| Total other assets |
| Owner | Company · policy | Insured / owner | Face value | Gross cash value | Policy loan | Net cash value |
|---|---|---|---|---|---|---|
| J | New York Life — whole life · 43175789 | Fred M. Reinstein | $3,000,000 | $2,108,760 | $2,000,864 | $107,896 |
| S | MassMutual — whole life · 8755423 | Patricia A. Reinstein | $500,000 | $345,931 | $95,666 | $250,265 |
| Total | ||||||
| Owner | Lender | Type | Original amount | Monthly payment | Current balance |
|---|---|---|---|---|---|
| J | American Express — Centurion | Revolving | $17,113 | $32,611 | |
| S | Citibank — Costco Visa | Revolving | $4,322 | $5,000 | |
| J | Capital One | Revolving | $214 | $3,721 | |
| RT | UBS Bank USA — Premier Credit Line 5V I7534 | Secured by UBS account | $250,000 | $1,100 | $120,000 |
| I | Ally — Tesla Model X lease (account 228507712573) In Fred and Patricia's names, payments made by Michael (Fred, 24 Sep 2026); 28 payments of $2,347.84 remaining; payoff $65,739.52 — Ally statement to confirm the balance | Auto lease | $2,348 | $65,740 | |
| S | Ally — Tesla Model S lease (account 228508252416) In Fred and Patricia's names, payments made by Michael (Fred, 24 Sep 2026); 28 payments of $2,185.25 remaining; payoff $61,187 — Ally statement to confirm the balance | Auto lease | $2,185 | $61,187 | |
| I | U.S. Bank — RV loan …027324 (Airstream) Fred, 23 Sep 2026: balance $16,455.79; $337.82/mo = $267.18 principal + $70.64 interest (about 5.2%); roughly 61 payments left | Vehicle loan | $29,873 | $338 | $16,456 |
| J | Raynor Enterprises LLC — bookkeeping | Trade payable | $0 | $60,879 | |
| Total | |||||
| Property · date purchased | % owned · control cash flow? | Type · units · occupancy | Lender · loan · rate · maturity | Market value | Mortgage balance | Monthly rent | Monthly expenses | Monthly payment | Net monthly cash flow |
|---|---|---|---|---|---|---|---|---|---|
| A · 2222-2232 E Anaheim St & 1139 Raymond Ave, Long Beach, CA 90804 bought Family-owned since the 1970s; title and prior loan records on file with Axos | 88% (Reinstein Enterprises LP) · Yes | COM & MF — 8 apartments, 5 storefronts, 13 units, 85% occupied | Axos Bank · 900027954 7.776% fixed to 1 Oct 2026; no interest-only period 1 Oct 2026 | $3,200,000 | $1,428,572 | $20,751 | $8,506 | $14,482 | −$2,237 |
| B · 1409 Benedict Canyon Dr, Beverly Hills, CA 90210 (+ adjacent lot) bought 19 Apr 2012, $2,525,000 | 30% (Riverstone LLC) · No | SFR — primary residence | MidFirst Bank · …5610 3.55% fixed to 1 May 2032 1 May 2052 | $5,500,000 | $1,154,245 | $0 | $5,330 | $5,693 | −$11,023 |
| C · 28 W Calle Priscal, Sahuarita, AZ 85629 bought 1 Feb 2005, $169,370 | 100% · Yes | SFR — 4 bd / 2 ba, 1,594 sq ft — rental (tenant James H. Peterson, lease to 30 Nov 2026 at $1,525) | Newrez LLC · 1012275439 6.50% ARM — resets every 6 months, next 1 Feb 2027; margin and index per the Newrez note; no interest-only period 1 Feb 2035 | $292,800 | $72,054 | $1,525 | $169 | $1,348 | $8 |
| D · 113 W Central Ave, Bentonville, AR 72712 bought 2008 (Fred; deed date to confirm), $550,000 | 100% (Reinstein Living Trust) · Yes | COM — 3 commercial tenants on 4 spaces, 100% occupied; rent in place $14,000/mo | Citizens Bank, Batesville AR · …9202 (borrower: Reinstein Living Trust) 3.25% fixed 10 Nov 2026 — renewal being arranged with Citizens at about the same payment | $3,600,000 | $782,765 | $12,142 | $4,317 | $5,470 | $2,355 |
| Total | |||||||||
Lightly shaded lines carry an open question — see the notes table below (internal). Market values are Fred M. Reinstein's estimates of September 2026 (Long Beach $3,200,000; Benedict $5,500,000 at the full property value, 30% owned; Arkansas $3,600,000) and the Zillow estimate for Arizona; no appraisals are on file and Axos will appraise Long Beach. Mortgage balances are per the lenders' statements.
Each shaded line on the schedule above has a question here. Answer or accept, then the shading goes.
| Property | Date purchased | Tax and insurance impounds | Recourse | Capital expenditures 2025 | Notes and questions |
|---|---|---|---|---|---|
| A 2222-2232 E Anaheim St & 1139 Raymond Ave, Long Beach, CA 90804 | Family-owned since the 1970s; title and prior loan records on file with Axos | Tax and insurance impounded | Yes (Fred is guarantor on the Axos loan, Section 7) | $64,600 | Ownership 88% per the 2024 K-1s: Fred & Patricia Trust 88%, Michael 5%, David 5%, Stanson 1%, Irrevocable Trust 1%; Fred is the general partner. Rent and expenses are the 2025 REMS statements ÷ 12 (income $249,016; REMS-paid expenses $102,076). Property tax and insurance are inside the Axos payment (escrow $3,128/mo), so they are not counted again in expenses; the roof, renovation and owner-paid repairs are capital items. |
| B 1409 Benedict Canyon Dr, Beverly Hills, CA 90210 (+ adjacent lot) | 19 Apr 2012, $2,525,000 | None | Yes | $0 | Shown at 30% via Riverstone LLC per the 2024 K-1s (Fred 15%, Patricia 15%; Michael 70%), at the full property value with the whole MidFirst loan, which is in Fred and Patricia's personal names (Fred, 23 Sep 2026). Market value $5,500,000 is Fred's estimate (Sep 2026); the LA County 2026 roll assesses it at $3,374,270. Shown at the full property value like Long Beach, with the ownership share stated; the MidFirst loan is in Fred and Patricia's personal names, so the whole balance is shown. |
| C 28 W Calle Priscal, Sahuarita, AZ 85629 | 1 Feb 2005, $169,370 | Tax and insurance impounded | Yes | $0 | 2025 per the Caldwell cash-flow statement: rent $18,300, management and maintenance $2,026, owner draws $16,274; Form 1099-MISC 2025 $18,300 on file (🗄 Sources/🏠 Real estate/Arizona). Security deposit $1,715.60 held by Caldwell (contact Wendy Tanner 480-737-3306). Value is the Zillow estimate. |
| D 113 W Central Ave, Bentonville, AR 72712 | 2008 (Fred; deed date to confirm), $550,000 | None — property tax paid directly (Benton County, Oct 2025, on the Amex) | NEEDED | $0 | Value $3,600,000 is Fred's estimate (Sep 2026); no appraisal on file — the county record card shows appraised land $435,150 and a 2023 assessed value of $212,420. 2025 from the Arvest account: rent $145,703 after returned cheques; insurance, property tax, management and bank fees $51,810 (2025 legal fees of $2,020 were a one-off; interest excluded here — it is inside the loan payment); the $10,000 cheque of 23 Jan 2025 was a transfer to Reinstein Enterprises LP. Ownership shown as 100% via the Reinstein Living Trust (revocable; Fred trustee and borrower). County record: co-owned with the Paseo Family Trust (David and Melody Reinstein) — QUESTION: disclose the co-ownership in the cover letter, or show a percentage? |
| Owner | Business · % owned | 2025 revenues | Assets | Net worth |
|---|---|---|---|---|
| RT | Reinstein Enterprises, A California LP (88%) — owns Long Beach | $249,016 | 2024 return: total assets $2,030,998; real estate on Schedule G | partners' capital $498,096 (2024) |
| J | Riverstone LLC (30%: Fred 15%, Patricia 15%) — owns Benedict | $0 | 2024 return: total assets $2,543,582; real estate on Schedule G | partners' capital −$2,785,584 (2024) |
| J | Poof LLC (50% / 50%) | $131,915 | 2024 return: total assets $809,452 incl. inventory $49,172 | partners' capital $260,645 (2024) |
| I | Global Products and Services Corp (100%) | $0 | 2024 return: total assets $303,024 | retained earnings $275,934 (2024) — being dissolved |
| Question | Borrower / Guarantor (Fred) | Co-Applicant (Patricia) |
|---|---|---|
| 1. U.S. citizen? | Yes | Yes |
| 2. Assets pledged or debts secured except as shown? | Yes — UBS account secures the credit line; the two life policies secure their loans | Yes |
| 3. Assets primarily outside the U.S.? | No | No |
| 4. Credit obtained under other names or with other individuals? | Yes — as trustee of the Reinstein Living Trust (Citizens Bank loan …9202; UBS Premier Credit Line); as general partner of Reinstein Enterprises LP (Axos 900027954); through Riverstone LLC (MidFirst); jointly with Patricia | Yes — jointly with Fred; the trust and entity credit above |
| 5. Principal or guarantor of a firm that declared bankruptcy? | No | No |
| 6. Party to material claims, lawsuits or judgments? | Yes — a judgment against FARR Laboratories LLC, an entity in which I hold an interest, is under appeal | No |
| 7. Contingent liabilities not shown (guarantor, co-maker) or leases beyond one year? | Yes — guarantor of Reinstein Enterprises LP (Axos) | |
| 8a–c. Director / officer of a bank, an Axos affiliate, or a company controlled by one? | No | No |
| 9. Examiner or auditor with authority over Axos? | No | No |
| 10. Delinquent on personal income or property taxes? | No | No |
| 11. Delinquent tax lien or IRS / state payment arrangement? | No | No |
| 12. Defaulted on a loan beyond the cure period? | No | No |
| 13. Property foreclosed, deed in lieu, or debt forgiven? | No | No |
| 14. Convicted of a felony? | No | No |
| 15. Curtailment or liquidity obligations in the next 12–24 months? | No — the Citizens Bank loan on 113 W Central Ave, Bentonville matures 10 Nov 2026 and is being renewed by the bank at about the same monthly payment; the Axos loan on Long Beach is the subject of this application | No |
Any "Yes" needs a short attachment. Question 2: the UBS account secures the credit line and the two life policies secure their loans. Question 7: the Tesla and Airstream loans are on Schedule F; if they are removed, disclose them here.
| Last filed tax year | 2024 |
| IRS Form 4868 extension filed for 2025? | Yes |
| Loan / facility # | Type of credit | Borrower | Guarantor | Amount |
|---|---|---|---|---|
| 900027954 | Commercial real estate — Long Beach | Reinstein Enterprises, A California LP | Frederick M. Reinstein | $1,428,572 |
| Section | Documents |
|---|---|
| Section 1 — applicant | Earlier 1st Century Bank PFS (phones, AKAs) · driver's licences for exact names |
| Section 2 — income | · · · · |
| Schedule A — cash | · |
| Schedule B / D — securities and IRAs | · September UBS statements NEEDED |
| Schedule E — life insurance | · |
| Schedule F — other liabilities | Amex, Costco Citi, Capital One statements (Credit Cards folder) · · |
| Schedule G — real estate | · · · · · REMS statements and lease schedule |
| Sections 5–7 | Earlier 1st Century Bank PFS (general questions) · 2024 return signature pages · Axos statement |
I/we certify that the information above is a complete and accurate statement of my/our financial condition as of the date shown, and authorise Axos Bank to verify it and to obtain credit reports.