you say they have insurance for their pet,, they need to give you a copy of that and you need to verify with company policy is up to date, give a copy of that to your ins company and let them know your working to have them move out and have given them notice to do just that. 

The lender will not require any of the anticipated interest payments on date of origination and borrower will have lower cash to close requirement, although $15K in interest payments will be required to service loan through duration of project.Loan B: Lender requires $15K interest reserve funded by borrower at settlement.

Wait until the move-out date and confirm she's gone, then handle turnover like normal.

Consider offering concessions the seller might value, like a quick closing or flexible closing date.

I suggest pegging a date, somewhere in Feb..

In essence, they hand-hold you through on how to do two things:  First, find and tie up a select vacant commercial property, then Second get a prospective tenant who would agree to move into that subject property at a future date. 

It has not been an easy process for them and has taken a lot longer than the anticipated dates.

Therefore the concern I have is people are giving them their money and they are giving dated and unrealistic advice.

Investment Info:
Large multi-family (5+ units) commercial investment investment.

Purchase price: $420,000

Cash invested: $195,000

2023 Purchase Price - $420,000
Renovation Cost - $165,000
2024 Re...

They missed the promised start date on the project by almost two months causing a cascading failure on dates since it was the roof, there were interior things, other dependencies that we couldn't do until the roof was finished.