I am relocating to the Huntsville Alabama area as my "final" military stop. 

I'm having a helluva time trying to get a few of the lenders that I have spoken to tell me how much exactly I can look to borrow for a conventional loan on a new residential multifamily purchase.  

Could probably stop by and get you an estoppel agreement with tenants 

If its a well system, there is no chlorine it will last a bit longer , if its city water  you are on borrowed time 

I have a question about the timing of the modification:Example: my borrower has 10k in arrears, and an interest rate of 12%Let's say I call him up and we agree on him paying 5k in arrears, I forgive the other 5k and I lower his rate to 10%. 

Thank you for stopping by.

It also mentions what the recourse is if you stop paying.A non performing note is basically a promissory note where the person stopped paying.

It may be tenant misuse or it may be something like a toilet that never stops running that goes unnoticed.  

Article Millennials are at least continuing to tilt urban as they stop renting and become homeowners.https://www.citylab.com/life/2018/11/millennials-buy-homes-cities-generation-x-suburbs/575755/?

@Suki Su it all depends on the party from whom you borrow, I would budget 25% of the total amount that you need to borrow as I believe that is what you’ll find most commonly but again it all depends on the lender