I was also VERY concerned about the noise factor and your sound-proofing specs are like heaven-sent!!!

I understood back then that for me to build and scale the business, I needed to always make decisions based on numbers and not emotions, and that's one big reason I've kept myself in the industry now for 4 years.I see a lot of people getting too emotional after their first proof of concept, and most of them are not in the business anymore.

The thing is that there is only a lease from the owner before the seller had the property, so there is not really proof that the seller really had the deposit.

The bank/lender who is selling wants the proof of funds as a bank statement with the exact name of the person on the contract.

One way to answer my question is to give me a bulleted LOI with terms that would incite me to finance the sale.

Bite the bullet, stop the bleeding, visit reality island,...and sell the property.

We buy apartments will commercial debt.3) Depending on the lender, this valuation can be utilized as proof of funds; however, not all lenders accept it so its a bit hit and miss.

The buyer was to provide proof of insurance paid in full for the first year.

Replaced some 2"x2" missing tiles with those small 1"x1" glass tiles from HD.

Contact so far has been excellent and the Lawyer and CPA referred have been very helpful.I'm trying to beat a record on the number of questions asked on a single deal and if they can manage me on a first deal they should be French-Proof, which should cover most foreign investors management issues that would arise...