What it means if there's currently 20%, you will not be approved.Then, they want to approve tenants that I object to.

knowing you'll take advantage of objection deadlines to perform your due diligence while operating in good faith.All the best!

I assume that I could quit claim the properties to the corporation and hope that my mortgage company does not object and call the note.  

I am certainly not sure about your objective therefore feeling like hitting the wall is obvious.

If it fits your business model and meets your objectives, then figure out your maximum price.

My objective here is to purchase the lot, keep renting out the house and garage and move in valuable inventory to the office space.

She'd likely object less if you rehabbed it as a rental, and lived in the nicest home you could afford elsewhere.There is a difference in buying an ugly house for an investment, vs. living in an ugly house because you're living beneath the standard of living your mom hoped for you.

If you are in rentals then the core objective always is cash flow. 13.6% cap rate is sort of high and usually is the case for a low C or D area.

You want to get it before it gets on the open market, driving up the price but, your objective is the opposite of the lenders.

To support this strategy we run 5-year projections on all our potential acquisitions to see if we can make our CCR objectives.