., frankly I am surprised that someone with 85 LTR's would even entertain this idea.

The only reason I am still entertaining the idea is because of the seller financing.

@Luis Ramirez First thing I'll say is that the TV shows about house flipping are good for entertainment, but nothing beyond that! 

Alas, I don’t feel like I have a lot to bring to the table so to speak so not sure that idea could even be entertained.  

Not many in business would entertain such plans.It does not mean that there is nothing worth selling the Cali one for but it better be close to a Microsoft type or no deal.thanks,Matt

The bank said that the lowest cash offer they would entertain is 139k.  

Do you think Grey Stone would entertain business from someone on a much lower economic tier, like me, as opposed to a frequent customer like yourself?

The credit history of the borrower would evidence financial management toward third parties more than the payment history to family members, IMO.Unless you were obtaing this debt at a huge discount and had an exit strategy, either refinancing the borrower or selling the debt, I would not entertain this note as an investment.

I think they would be a bad location for this.....guests will want to be in a residential, or entertainment district, no general commercial.

The triplex is rented and bank is selling as-is without no showings of inside of building and have asked not to disturb tenants that's why I was thinking they may entertain a lot less as it's very risky to take on, my estimation on rehab is purely cosmetic and I used it for calculation purposes as I do not know the inside of the property which I think is very risky ...When looking to do the refi on a BRR - particularly a triplex is it best to go with a commercial lender?