What index are your heloc's based on ... ?

Can you dig into a little more on the novation, why did the seller pick that strategy say over a cash offer?

I am based out of Westchester County, NY, looking to invest in multifamily properties.  

Look at their finishes and what they offer guests, use that as your baseline, then improve upon it.

Would appreciate advice and even offers for partnership in this project maybe from someone experienced.

These banks are the OG DSCR lenders and will generally offer the best rates and terms.  

Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!

In the case of the stolen furniture I would also ask how did the police offer develop the competence to read a lease and decide that was a reason to not pursue the case? 

Paid 12800.based on google mapsThe property is a mess.

I will also have my agent there with me to offer comps to aid in their appraisal if they are receptive to it.