And not just in the real estate markets, but really throughout the entire world and in all theatres.

How long can theatre owners continue to hold their properties?   

Once we are able to close, my goal is to rent out the remaining rooms.It's a 3bd/2.5ba home located walking distance to the local university (CSUB), library, restaurants, grocery store, theatre, and in a gated community.

You can still do a loan (even at 46%) if you are willing to consider all of the 8 underwriting factors and give up the ATR "safe harbor" of writing a QM.Hope this helps.

So if you're not living in it but the Tenant Buyer is living in it I would get a registered loan originator RMLO involved in the property transaction regarding the ATR rule.Also read the HOA rules and regs re seller financing, HOA s get in the way as to how to sell and rent.

John Jackson's Postshttp://www.biggerpockets.com/posts/user/LeasingToBuyBrian Gibbons's Postshttp://www.biggerpockets.com/posts/user/REISkillsIt will take you about 6 months to read all those.Ask specific questions here.Dodd Frank is involved with rent credits, use a RMLO for the ATR.

They will want the ATR as well although if you have the file number they can usually give the starting bid amount for the foreclosure sale coming up.You could have someone buy the note at a big discount and then let the seller off of the hook and then let you make payments to them.

It's actually the set of an outdoor theatre in Amsterdam from several years ago.

I'll get the ATR from the seller and start from there.

Get an option to lease and to option and sell the "option" to a tenant buyer for $5K.And get the seller, the new tenant buyer, you and a lawyer in a room and sign docs.To protect the seller, get new Tenant Buyer thru a RMLO, approving the TBer with the ATR Rule.