Please share any helpful resources, your personal experiences, and what you have found to be valuable with every transaction.

If you personally are having trouble making a profitable deal, make a post and ask for suggestions.  

If you would like to connect, please check out my profile for contact info, and let's setup a time to have a cup of coffee, either in person or virtually!

I am not a realtor, so I cannot give advice as though I am one, but there are some guidelines that I have used personally over the years, with great success.

If the IP addresses are the same for each signee, then there is a chance that the same person signed. 

I am looking at a 5 unit building that I want to do a condo conversion on. 4 units would be vacant 1 has a rent controlled tenant in there who does not want to move. I would owner occupy it so I don't know if I have a...

Hi James,I personally don't have enough experience to answer your question, but there is some helpful stuff in a similar discussion here: http://www.biggerpockets.com/forums/52/topics/1779...You will find related discussions to any forum discussion you are reading at the bottom of each forum discussion page, and they can often help you find posts that answer your question.  

What made you think this person had no experience whatsoever and didn't own their own home? 

Since the LTV on the hard money loan is high , I would personally purchase it using a bank statement loan at 85% LTV (15 percent down) and, as you mentioned, just use your cash for the rehab.

I would personally use some of that equity and get started with your first property.