If the seller is motivated enough, it doesn't matter.

All paperwork was handled in advance by the title attorney.If the seller is motivated enough the fact they are out of state doesn't seem to create any more problems.

banked owned or from a motivated seller and what state(location) was this in?

Clueless and motivated, but not wanting to just spin your wheels.

If they are motivated enough - you will get an answer.

The seller's motivations range from divorce, to out of state owner, to an owner which is pinched for cash and just needs to liquidate quickly.I like to think of a wholesaling business as a pawn shop for real estate owners.

Then the deduct the PITI payment (principle, interest, taxes and insurance) from the remaining 75%.

I'm a newbie to commercial (I've been exploring it for a while now) but have residential experience.If I find a commercial property, in this case, a larger multifamily, that has it's own LLC as it's name, and, within that LLC are 2 employees and several service and management contracts...is there a way to buy the entire COMPANY, meaning, the LLC, the real estate it holds (which is ~95% of the value) down to the point that the telephone number, etc remains intact?

Partnering with an owner, you need a power of sale (that can be terminated but I never had an owner do that) you can encumber the property with liens, if you're in title you can force sale, if not your attorney can motivate the owner.

Sometimes I get motivated sellers and things fall into place nicely.