If you dont meet the reserve then the bank has the option to wait and repost the deal at a later time.

I’d be very grateful for any advice or recommendations on how best to approach these modifications.Also if I were to refinance in the future to pull out cash from the property, is this something that banks could refuse to lend on if I have code violations of lets say a wall that was moved or removed?

I have a few different bank accounts with multiple banks for different reasons (business partnerships, bank relationships, etc.)

@James Hwang and @Jamie Banks can probably help you here.

Separate bank account, credit cards, signature blocks for every contract and document you are signing for LLC. 

Unless they have a builder inn mind and then I can get their builder approved with the bank for that build and future builds.

Break Even and Rely on Future Appreciation:If you believe the Lynchburg area is poised for appreciation in the next five years, you could take a hybrid approach—run the property as either an STR or LTR to break even (or get close) while banking on property value increases.

Hi,If I buy a apartment doing a seller carry back, how do I explain to the seller how they are protected if they carry a 2nd position note subordinate to the bank?

We specialize in helping hosts like you connect with traveling professionals who need furnished accommodations.Our platform is designed to simplify the process, making it easy for you to list your property and reach potential renters.

Hi there, I host meet ups that are quite well attended, if I can humbly say.