It is probably a bigger rehab than I want to tackle at this stage, but I thought it might be a good one to get some paper practice on since small commmercial is one of my goals.

Provide a bill for work accomplished at different stages for labor and profits agreed, that billing can then become a debt secured under a future advance note arrangement.

Do you clean it out, take the board down for staging and picture purposes, cut the grass...I know many of you may say properties are sold "AS IS".

Starting out, it is perfectly acceptable and prudent to show a loss in the early stages, as that will most likely be the case.

You can bounce ideas off of each other and get feedback or suggestions for improvements before even reaching the implementation stage.

In our planning stages, we had decided to promote BP because of the similarly aligned concepts in networking and education.

Sale:The interior of the property will be staged for sale.I will be taking care of the marketing/sale of the property and I have a team of people that can help determine a proper sale price.

Usually when you're to this stage everyone wants to do the deal and if new information comes up that changes the underwriting then a renegotiation of terms is more likely than an outright turn down of the application.  

Many of my investor clients have purchased (short sales) at this stage.

Typically it would be an attractive offer (usually over retail) with low or no interest owner financing over 10-20 yearsI'm in the beginning marketing stage and I just had 1000 postcards go out targeting high equity and free and clear owners in Boston (specifically Allston, Brighton, Cambridge and Somerville).