Unless it's a corporate tenant with a long term proven track record that would mean nothing to me as an investor.The reason is businesses fail everyday.Even if the business has thrived for the last few years they might have been only going out of the home or a small space.Now they are going bigger in space and they may or may not grow as expected and the rent might take them down.They could be down sizing in space and carrying a ton of debt and fixing to go under.So as an investor the track record and seasoning and performance of the lease is critical when doing an income approach.You also have to analyze if rents are dropping in the area.Even if the tenant has been there awhile they might be jumping ship for a lower rate elsewhere and the lease is coming up soon.I think FSBO really isn't going to get you a higher price.The agent bringing a buyer will now have to do 2 jobs with the buyer and the seller for one fee.Also the buyer will see you are saving on the listing commission compared to other properties listed for sale and will reduce the offer to you.It's a classic mistake of the seller thinking they are saving the listing commission and the buyer reducing in the offer.

You make money on the sale, the home builders earn their money and the new owner is thrilled with their new space.

Reducing the number of renters surely won't increase the price.

FMV would increase taxes when you make the distribution, but reduce your gains if you sell later.I don't think there are any time limits.

If variable I would contact your mortgage company to get a reduced interest rate and a fixed loan.There are programs to reduce the rate even if you are not behind yet on the mortgage.You need to reduce the debt service so it doesn't kill your income.How much would you need to come up with to sell this property??

This is amazing since my LOC is at prime, 3.25%.Even if the market rallies in the fall we are most likely in a long-term bear (imo) and not losing is earning for me.Changing percentage of stocks, taking profits slowly.

I assume just to increase the loan amount and his earnings.

Whether you close this one or not that kind of drive will earn you success sooner than later.

Doing so will dramatically reduce your chances of getting taken by crooks.This is just one of many reasons why BP Nation is a good team member for you to have, you can run investment scenarios by the community and get almost instant feedback from others, advice on things to look into or look out for that perhaps you missed.

I'm wondering if we can use gift of equity as a "down-payment" or to reduce to LTV to at least 80%.