Definitely an expensive lesson...I just look at it from the standpoint of IF I couldn't sell it right now what my options are; I understand they are limited, I guess I am trying to put lipstick on a pig ; )

Found out later from another attorney that the QI had outstanding judgements against him and that limited the type of 1031 deed transfer than could be done from the QI.Now, I use a real estate friend for the QI and there are several small but stable banks that do QI work for free for their customers.

Downsides here are the higher risk, higher costs of financing, and the limited supply of commercial multifamily properties that can be purchased and rehabbed for under 65% - 70% of ARV.

The lenders I have used on my previous properties are not options right now, as i have more than the 4 mortgage max they are all quoting.

Does anyone know a portfolio lender / broker / other option that they can reco...

By that measure its a bargain.The problem is without input from someone with more experience I seriously doubt that a few forms with little (and I mean very little) training or direction will lead to success.

Biden has nothing to do with this: JP Morgan to Modify Mortgages to Limit Foreclosures By Elizabeth Hester Oct. 31 (Bloomberg) — JPMorgan Chase & Co., the largest U.S. bank by market value, plans to modify terms on $110 billion of mortgages and forgo foreclosure proceedings on all real-estate loans while the changes are implemented in the next 90 days.

For plain text SMS, there are ways to keep the costs down, but when you're looking to send images out in a mass message without the end-user initiating the session, you could be looking at some fairly steep fees from the wireless providers as well as registration fees with your state/federal telecom regulatory agencies (In the thousands of $ in monthly fees).This is actually the exact reason that I built seeinside.mobi the way I did, with the mission of keeping costs down for all parties concerned (agents as well as buyers) as well as to limit the amount of interference from regulatory bodies while avoiding local & international legal issues.

(yes I'm a selfish money whore that works a full time job and runs two businesses on the side)Then it is time for you to take action NOW to limit your exposure to the wealth grab on the horizon.

This provides limited downside for the person financing the deal.

The vastness of city limits including rom, utica, oneida, and others have a variety of markets that seem to overlap each other and makes it difficult with most of these cities, especially rome to make a definite market analysis.