@Tara Wright can you do single family/small multi family homes on commercial loans?

@Linda Garcia it is better to sell while the tenants are still in as it will show that the property has good cash flow.

@Linda Weygant Thanks Linda, that’s what I needed to know.

Originally posted by @Rodney Wright:#1 The proposed loan amount shall be up to 130,000#2 The proposed transaction will have a down payment of 41,250#3 The proposed loan Loan-to-Value (LTV) shall not exceed 80%#4 The proposed loan term shall be 5 years fixed#5 The proposed interest rate shall be 7%#6 The proposed amortization shall be 30 years.#7 There shall be an orgination fee in the amount equal to 3% (3 points) of the gross financing amount payable to ABC company from escrow at loan closing for the subject property located at the 123 Main StreetHere are my questions.The proposed loan term shall be 5 years fixed Does this mean after 5 years the rate will change?

As Linda pointed out, their marital status has nothing to do with it. 

Thanks Linda, I'm already prepared to incentivize the move, do you know what sort of documentation we need to have to officially terminate the lease?

Try to connect with a Realtor that is an investor or clearly understand investing in RE, he/she can help you getting into the wright track.  

Linda, I answered your questions in my post and provided enough information to anyone who's familiar with the topic to give an answer.

@Kyle W Wright Sounds messy...depends on the market, the appraised value of the property, and your exit strategy.

@Matthew Wright typically you or a property manager or broker should meet the appraiser at the property to tell them the story and how awesome the property is.