We negotiated it down from their original asking price of $1.8M but it needed to be a cash deal because the building was 50% occupied and of what WAS occupied was month to month office tenants.

Originally posted by @Nick C.

My insurance company determined that they were not responsible because the problem originated it form INSIDE the wall which was the responsibility of the condo association.  

I originally priced based on comps of renovated small multifamily properties in my area (there wasn’t a lot at the time).

I don't care who teaches this stuff its fraught with danger to think you can take title and keep someone's mortgage in place for years and years stuff happens and when it does the original seller gets HAMMERED.

Originally posted by Derek Nienaber:Hi Bill,"You can provide a loan modification approved by the bank to be accomplished immediately upon the purchase of the note, this, along with the waiver and request for the sale by the borrower takes the bank's liability away selling a note to a non-banking/mortgage broker type buyer.

Xactus offers soft and hard pulls for originators 

Not the best thing to do - I should have raised it originally for a higher amount.

We've gotten great residents who we met despite their original search on FF being way below market.

Originally posted by @Daria B.