Originally posted by @John Voychick:I'm sorry for your experience.

@Michael Palmer As a general rule of thumb bank originated construction debt will be WSJ Prime +1 point with a floor, 1 point origination and 75-80% LTC while meeting certain LTV thresholds (normally 70-75%).

These are also the banks that are more commonly relationship lenders and will allow your originations to out pace your balance sheet if you are consistently able to execute on the projects they fund for you.

I suspect the person who originally turned it into a fiveplex only applied for permits to make a fourplex and then did the 5th unit fly by night (perhaps at a later date) in order so the property would still be considered residential and allow for better financing possibilities.

All of the smell was in the wood floors, original from 1928.

You sell when it fits with your original business plan (targeted NOI is reached, timeline is reached, etc.). 3.

Originally posted by @Juan Pablo:Hey, thank you all for commenting.

Originally posted by @Justin Elliott:Think I am going to give Freedomsoft a try, will keep you guys updated in the following weeks of how it goes. 

According to @Andy Sabisch's original post, I think he is asking for advice on how to confirm the veracity of the neighboring tenant's claim.  

As luck would have it, his business had grown significantly, and he was now more eager than ever to acquire the land.He made me an offer 12 times higher than his original one—and well above market value.