On residential vs. commercial (simplified):1-4 dwelling units is considered non-commercial, which basically means that the borrower's personal income is used to qualify for a loan.

Without over simplifying, a note is a promise to pay.

Brad's group has significant brand and reputational equity in Texas, which helps with deal flow, attracts capital from investors, and simplifies the process of obtaining financing from lenders.  

It simplifies the closing and if you actually have the money, saves on closing costs and the possibility that the lender will renege.  

See Mark Kohler on You Tube he is an attorney and CPA and will simplify the process. 

I will probably use the simplified method for the home office.

This is a simple analogy and there is a lot I left out to simplify the strategy.

My wife and I have spent the last year or two simplifying our lives and getting our fiscal house back in order.

But Im also concerned about simplifying management as I going into retirement and want it problem free.

The bulk sale idea was to expedite/simplify the sales process, hopefully for both buyer and seller.Inventory is extremely thin and sales have been on an uptrend here (well, things seized up right before the election, which happens every time).We're looking to fully cash out for the other investment, so owner financing isn't an option.Appreciate both of you taking the time to reply.OY