I am relatively new here an haven't posted but I have run accross an issue on one of my properties.

His report also states that homes >$1M are not selling relative to the other trends.

In that, the option is not made in connection with, at the time of or related to the lease.

Currently rents are quite low even with healthy growth in the job market and relatively low delivery of new projects.

The numbers seem relatively high for the properties in my area but I'm not quite sure because they have comps on the same street that are in the same range of values.Any help would be great.Thanks,

But at least you could get your money back out relatively quickly.Long term, you could always refi that commercial loan back into a conventional loan if you want.

A party of interest in the property that was sold at tax sale may assign his or her right to claim excess proceeds only be a dated, written instrument that explicitly states that the right to claim to claim excess proceeds is being assigned, and only after each party to the proposed assignment has disclosed to each other party all facts relating to the value of the right that is being assigned.

I can relate to the big family...I'm 41 with 4 kids!

If they cannot bear they fact to lose money, I will give them a promissory note at 8% so that if the deal becomes a loser, the loss is only on me and it won't harm the relationship with the friend or relative.

Hi Thomas - I know this post is a bit old, but I have a stack of real estate related books you're welcome to - Free.