Also, the 275k is if I keep my coop which I am not opposed to selling and 2 of the options include being able to afford something much more expensive with an FHA loan.

Having said that, there are things that I am running into a brick wall on and I could really use some advice here.To start - another group I am a member of is adamantly opposed to letting property managers list on the site.

I just went trough the same process myself and settled on a HELOC because they were significantly cheaper than Home loans (I borrowed against my primary residence as opposed to financing the property I was buying, so as another responder pointed out, this was essentially a “cash” deal because the money to buy the property was not tied to the property itself).

We have a office in Patterson NY I'm not opposed to hosting something but I would have to get a head count since its not a very big space..

I am looking for some creative ways to obtain the property where I can possibly cut some of the costs by doing it "under the table" opposed to working the deal the traditional route.

I would only add that I like to see the T-24 as opposed to T-12 because some owners like to fill the units with any warm body leading up to a sale in order to make the property more attractive...

In my market, when you get into commercial it is much more common for the buyer to pay their own agent as opposed to them being paid by the seller.

My personal preference is one that I can lift as opposed to having wheels since I load it in and out of my work van every day so it does not get stolen.

I believe the reserves on the 5th mortgage and later have to include covering 6 months of  all mortgage debt - as opposed to just the one on each of the first 4.

I used to manage REO foreclosures and it was crazy to see what a cheap bid did long term as opposed to a legit complete remediation bid by a quality specialist.