Estoppel letters are definitely something I would recommend for commercial properties.

In Dayton, I find most of my clients like A/B class 1-4 units because they can actually cash flow AND be in great areas.

The property, though is not beach front, nor does it has ocean view, is just a short drive from some of the best beaches in the west, which are great for surfing, snorkeling, SCUBA diving.In the 1.21 acres there is a main single family home (4 br) which was divided in two sections one of which is being rented.

It was a big project in terms of the amount of work it needed, I just ran out of time with my lender going through the garbage with the contractor, finding a new one, and finishing taking the longest. other than that I would've let it sit on the market to get closer to what I actually wanted for the property.

It shows me the average price of booked vs unbooked properties from my completion that I can choose.

@Brittney YangFor the actual legal document, get an attorney.

They usually say something like Pkg 5-dfw 28 llc, with 10-20 properties in each LLC.

The property is only worth what it is worth - what the seller needs to make is irrelevant.

I have used him for over 5 yrs and was actually recommended by a nearby HOA President. 

Most banks won't want to come in with a line of credit that is second lien on the property.