It may be worth it as well to rush the appraisal report (if possible depending on your market) to try and avoid paying rate extension fees if the timing doesn't quite line up.

So now total three LLCs / Due to the change of entity structure, need more time to close ending with extension of Financing Period of 45 days with $10K extra EMD deposit / 2nd Deal presentation.December 2020 - Prepared to close but the property’s physical occupancy rate started going down and lender started being concerned about it.

My bf's bank/lender granted him an extension several times during covid so he hasn't had to pay the mortage since last march or april when covid hit.

If your would like to sign an extension to your lease now instead of waiting I would be happy to keep your same monthly rate 

IE I would NOT buy any commercial property without an extensive inspection including scoping the sewer line. 

The last one isn’t a must, but it sure does help with the lender has personal experience in the seat you’re sitting in.Most importantly, a lot of first-time buyers feel the need to extensively shop around to find the “best” lender but they don’t necessarily know what they’re shopping for and it ends up biting them in the rear. (1) identify what you need in a lender (use the criteria above) (2) understand that opening yourself up to lenders and saying things like “I’m talking with a couple other lenders and want to know where you’re pricing is” will likely close the door for honest advice.

Purchase price: $190,000 Cash invested: $15,000 Sale price: $250,000 Did some renovating prior to sale, but not extensive.

Extensive repairs both inside & outside of the property - roofing, siding repairs, sewer line replacement, flooring, cabinetry, paint.

One valid strategy for the 2021 Q1 estimates might be to pay in the Q1 estimate with the extension payment on 5/17, but that doesn't help folks who have already filed.

It's important to note that individuals do not have to Form 4868, Application for Automatic Extension of Time to File U.S.