How does one take the owner finance situation to a bank and turn it into a 30 year loan to hold without an additional down payment of 20 percent ?

How seriously is it enforced2) Who will do the transfer, do we have to tell to the lender or the bank?

I have an assistant enter this once a month from the PM reports provided (and just a bank account statement for the single tenant properties which don't have PMs).

You'll want to make sure multiple banks look at the deal to see general appetite for financing.What happened to us is we took over a string of condos from a non bank lender that foreclosed on the properties. 

I have Baystate Bank on one property and TD Bank on another.Hope that helps!

I am interested if anyone has a referral for a bank that will lend (first position) a HELOC on a 4 family property in Columbus, Georgia.

A lot of jurisdictions are backed up, especially large metro regions.Evictions are very rare, if you use strong screening criteria.

Given the seasonality there's likely slow workflow from the banks so it would be a good for you to apply, get approved, and be well poised for the spring market!

Virtually all 5+ units in Reno where the buyer is using bank financing will require 50+% down.

Their online banking software is pretty nice though.