Cash for keys should be a Hail Mary last ditch effort to get somebody out .

Mari Galang

@Mary JayEveryone else answered your questions reallt and everything else you said is pretty standard from what I’ve seen.5-10 year fixed term, then it varies, 20-25 year amortization and sometimes a balloon payment

@Mary Love there isnt enough information to give an answer.

@Ann Marie Rosen Thank you 

@Ana Marie B., the second bank I talked to said this was standard practice for commercial loans in the market, it could be my "newbie"ness but I'd never heard of this in real estate investments..

When blood is in the water financing his MUCH harder to come by.

@ Mary Jay - your post made me laughI used to own some $400K rental properties in Phoenix, and everytime I went over, I kept thinking "man, with this global warming, in 20 year, phoenix is going to inhabitable..." 

@Mary Jay Here's some questions to ask, and some ways in which to ask them, to help determine if you're talking to a real landlord or their friend/family member: Top 10 Questions to Ask a Past Landlord When Screening Applicants.

the weather is getting back to warm after the tornado the other day, lol. enjoyKudos,Mary