Sandy, An investor might buy the note if the bank will sell the note at a a steeper discount than could be attained with a short sale.

You'd be clear on the L/O, but still under legal responsibility for the LC.Finally, attain the property, convey to your LLC, then convey to a land trust, then finance our your beneficial interests in the trust to the purchaser.

I want to make sure that I have ample time to try and find a buyer.

Since the there was ample security, the loan turned out to be non-recourse, which meant MS could not pursue borrower for a repayment due to a default.

My charge is for the entire application process... and that includes the credit check.The key is to charge a fee that covers your costs, ensures that you will get the best tenants, while keeping the charge high enough to screen out the looky-loos yet attainable for your target tenant.In my market, mostly Section 8 in Baltimore MD, we charge $45.Best of luck!

Doing #1 and #2 ensures you have ample cash and cashflow.

Owners have the restrictions to deal with while the developers have ample opportunity to advertise with signage.

Lots of little commercial gotchas that nickle and dime the tenants might make it look better, but you haven't mentioned any.Given 7,500 sq ft of buildings on .46 acres (just under 20K sq ft of property), you've got ample common, shared or parking area with these buildings.

Most similar homes are asking 450-500K+ I'm thinking $320K-$330K should be attainable.

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