My thought is that your first task is to figure out exactly what must be done to correct the situation and then get a price tag.

If that is the case then entering $0 sounds correct. 3.

I believe New York is attorney state, so we have to use attorney to do double closing and assignment deals, correct?

And correct, it's a DMV matter.2021 Clayton.  

You need to do the ethical thing and inform this person that your not of the correct knowledge or skill level to best represent this transaction. 

I guess the question would be something about how portfolios are treated during financing or maybe I'm not seeing it from the correct perspective.

We keep everyone in the loop all throughout the process.To stay on track, we maintain a comprehensive checklist that covers all the tasks involved in closing a deal.

When someone writes a contract and a section is ambiguous of unenforceable because that section is improper, I believe that section legally is supposed to be interpreted in favor of the party that did not write the document (the tenant).So, if I am correct, that document may not be doing you any good to you at all because of that.

At the end of the day, neither are effective without understand how they work and their limitations but if used correctly they can be used in conjunction with one another.

You are experiencing what many fall victim to in the DSCR world when certain loan officers or banks try and broker DSCR loans when they are not well versed.A DSCR loan has to be underwritten up front by the Banker or Loan officer and many fail to run the numbers correctly or at all.