So say about $100kThe interest charge will be about $112,000 pa.And a profit before tax of about $88k Now the taxThere is a withholding tax on interest payments the minimum seems to be 10% of payment up to 30% payment if its classed as associated.

Hi:It would probably be best to bond around the lien to get the property sold.If you owe any money to the GC withhold that until he gets the lien removed.

One student didn't pay on time and the parents got involved (They didn't want to pay because they weren't going to receive money from a loan they took out until late January and they didn't want to draw down on there savings).

In the case of student housing, typically, the non-occupying co-borrower is the parent of the child and the student needn't have much income (or any).

Just say no.And we have NO idea if the parent company is getting the lender to agree to a sale/leaseback which would put the original seller in a dire situation.

In my market, I think it's reasonable to make an 80-100% total return over 2 years on these types of properties, IN ADDITION TO the cash flow.Then, in 2-3 years, when the commercial market were closer to bottom, I would start buying distressed commercial multi-family properties, reposition them, and resell with hold times in the 2-5 year time-frame.Of course, these are my areas of knowledge, which is why I'd do these things.

My parents are thinking of renting their house and scaling down.

I am more comfortable with holding and improving then cash out refinancing at the end of a year or two to go buy some additional properties.

I was just going through this with my parents on their house.

Actually, what some know here is that my parents were Realtors (but I don't even count that time of being exposed to real estate matters in my experience) but in the late 90smy brother who was (and still is) a very good photographer thought about doing this very thing.