It turns out that nothing was load-bearing, as the walls were just for decoration and to hide the metal piping.It took them about 3 hours to remove it, and now I only need to sheet rock the corner!

Complete your due diligence by going to see the operation, view some properties and the neighborhoods their in...

For a restaurant the lease should be specific as to drains kept clear, operable toilets, cleaned grease traps, health code issues pertaining to the RE, etc.

I'm seeing a more aggressive stance from what is being claimed by members here on BP, such as cash out refis after 6 months, it must be in areas where property values are going back up at a faster rate in general.On the conservative side, prudent lending practices will be stressed, meaning that a lender may not do so much of those "if it makes sense, we loan it" type deals, it may be tougher for a deal to make sense.All in all, I doubt a qualified borrower will see much of a difference on the street as the new changes will be played out in the operations side of the lenders and their relationships between other lenders and securitized markets.Actually there are more aggressive measures in making a loan, the debt to income for a residential loan has gone from 36% to 43% allowing borrowers to qualify with more debt!

As @Joe Gore mentioned, you won't be able to do this with any bank that underwrites loans for fannie or freddie, which is *most* banks that offer a 30 year note.One way around this is using commercial loans which will allow you to set up an LLC with an operating agreement that stipulates all of the details of the arrangement.

Bitcoins operate on a peer-to-peer (P2P) as opposed to a client-server network, meaning you deal directly with the person from whom you’re buying.

But once you have a great team your business will run, operate and be 100 times more successful than getting any random person off the street.Unfortunately, in this business there are a lot of lazy people who want rewards but do not want to work hard for it.Sorry this was so long but it's been really important in my business.

Now he isn't feeding this thing every month, and he still realizes some principal paydown and depreciation and interest deductions.You take on all the current leases and operating expenses.

What is the instrument that binds you,such as your operating agreement or partnership agreement or subscription documents say about redemption?

I'd grab that Section 8 tenant ASAP.The deal looks solid.Did you account for at least $150/month (my number) for maintenance, basic operations (lawns and snow) and big ticket repairs?