WA state  =  no license required for non owner occ. or commercial WA State =  Trust Deed state  fast foreclosures that are not judicial.WA State = Title and Escrow company closing state attorneys do not do closings.

Generally speaking a commercial property/loan ( or anything owned by an LLC ) through a bank is going to require at least 20% down. 

Create a simple spreadsheet or written list to compare the features of each and identify the ones that align with your requirements.

Most I've seen require 1st lien position on investment properties. 

What are typical down payment requirements?

It is vacant, requires some flooring work (2nd floor has no floors laid) along with other cosmetic related needs.

You get what is required to get the place back to the starting point (minus wear and tear). 

The HAP contract transfer seems to require prior experience.

We require one months rent as deposit so that gives us 30 days to get someone else in there.

If you get further into your process and would like a free consultation, please schedule a time with me below and we can connect.https://bit.ly/Meet--DavidDSCR Highlights:• Interest-only available• Cash-out options• Can close as corporation or LLC• Unlimited number of financed properties• Only LTV, FICO, and DSCR required• Loan amounts between $100k - $3.5mm• LTVs up to 80%• FICO down to 640• 1-4 unit residential, 5-8 unit residential, 2-8 unit mixed use, condo and condotel