Hypothetically, if a mix property (commercial main level and two apartments above) only has $80k left on a $350k loan and the property is worth $500kand the taxes are $12k/yrand the rents are $4k/moand the owner is your father in-lawand he wants to sell but worried about the income taxesand he doesn’t want to buy another propertyand the building needs about $50k in updating and roofand you want to help him out by taking it over with seller financingWhat terms would make sense for him without a huge tax consequence and basically still get some of that income from the buyer, us?

Basically you need to know the ARV of the new property, and calculate the percentage the bank will refinance.

It was basically a "point the finger at other tenants for high usage each and every month" To their benefit in many ways I agreed with them as I wouldn't want to pay for other people who weren't responsible for water usage.

I think NPN you have to   to make sense of it.other wise great performing notes since you have cash flow day one is a better bet for a beginner and you align with a great broker who just feeds you the deals.. much much easier and safer.then once you get the hang of it if you want to try the NPN and if you can find one that makes sense.other wise I think its a business and a job basically and needs to be scaled..

A local builder quoted me this summer at $250k for a split bedroom, open concept 1700 sq ft ranch, finished basement with egress window and two car garage.

I'm sorry if I'm just missing something super basic here!

A stable occupancy, some say is 80% and others say 90%, so basically 85% is the best figure to use. 

I was thinking maybe a wraparound mortgage was the answer, but I read somewhere that they can't be refinanced - you're basically locked-in for the length of the loan?

Right now, I just need some basic services.Who do you recommend?

It's basically move-in ready.