I find it odd that the title co is asking that I wire funds the day prior to closing to "make sure the funds are present".

I have two kids and a wife so it will be a sacrifice compared to what we are used to but totally worth it.

Compared to NY, annual taxes are pocket change and appreciation is happening very quickly.

Cash out has higher interest rate compare to rate and term finance.

She agreed to meet me the next morning and explained to me the following:  When a house with existing code violations is sold to a new owner, the prior violations are attached to the previous owner but the Placards are attached to the property. 

This is also after a lot of back and forth with the buyer first saying they would accept a letter from the HOA stating they are responsible for fixing the sheathing and then deciding the email from them wasn't good enough.Here is the contract language in this regard if anyone is curious:If the infestation report reveals the presence or indication of or damages by termite infestation or other wood destroying organisms, Seller shall remedy such deficiencies and shall furnish the Buyer with an infestation report by a qualified/licensed/bonded pest control operator (dated no earlier than 30 calendar days prior to Closing) that the Property is free from infestation or any damage herein mentioned; or documentation that the infestation has been treated and damage has been repaired as appropriate in a workmanlike manner on or before closing and reported by an appropriate licensee.

With the high construction costs nowadays it's hard to add that much value, plus ADU's don't sell at the same $/sqft as the regular house, and there's not a steady readily available comparable properties to base valuation so the easiest method is replacement cost.I hosted a Meetup and wrote about ADU's on my website.

As a Realtor, I pay almost nothing in fees to my brokerage compared to everyone else I have talked with, but my brokerage is not a big brand, I don't have a built in-assistant/transaction coordinator, there is no training program except the school of Hard Knocks, and most of my marketing I have created myself.

Get a quote from 3 commercial lenders and compare not just the rates and points, but also the terms.2. 

Hey @Chris Serger here is some information on the details you have provided.7% preferred return - This is the return that the limited partners will receive prior to the syndicator getting paid out of cash flow.