If so, you'd need to go with conventional financing and unfortunately are unable to close in an LLC with that type of loan.

If you can go 'Full Doc" another words use income to qualify plus rents it would be worth it to take a look at other options.I would be interested in knowing what program you are using and the property type.  

What made you interested in investing in this type of deal?

That being said, what type of investment are you looking into?

I would agree the Midwest will take the longest to change types of energy.

Try to get good at one particular type of seller first.

@Alex MartensTry and work on some type of termination agreement with themWhen I worked for development company we would deal with this and do abatements for temporary causes but this seems like the business is not going to surviveBe let them out of the lease and get a new tenant in there with a long term lease

Florida - All TypesMaryland - Commercial & Mixed Use Only    Baltimore Texas - All Types, primarily in    Austin    Houston      San Antonio Looking forward to connecting and working with you!

I certainly led me to thinking that residential assisted living homes (RALs) may be a valid venture to dive into over the next few years.That being said, I am interested in connecting with anyone who has had any experience with RALs, and similar types of settings, specifically within the states of New York and New Jersey. 

Hello Beth, this is where the learning takes place, the more at-bats you have with this type of potential client gets you prepped and that is how you can convert more sales.