Regardless of the type of financing you can get now , owner financing or not that debt will become and ball and chain around you ankles and all the time you will not be cash flowing and without the benefit of an empty building and being able to rent at market rates the property is also not going to go up in price.

Hi JoelThanks for your reply, its actually for a friend of mine who owns the restaurant (no chain just one) and is currently leasing the space who is looking to potentially buy the same space and does not want to over pay.

Determine the record owner by chaining title with the county recorder.

We found a private investor by taking to friends and family.HML's are good if you are going to flip or be able to refinance after rehab, but isn't a good long term strategy.Few will be clamoring to mentor, but you can invite other investors to coffee or a meal to pick their brains, or offer to help seasoned investors to get the experience.  

I did go to County Line BBQ and Rudy's BBQ and man that was some good meal.

Home Depot and Lowe's are decent.It depends on if you are talking high end materials for flips or low end for holding rentals.The plumbing supply stores will have one off type items the chain stores do not carry.

Saying, somewhere up the food chain where approval may be made at any bank or portfolio firm, they know what the need and what a deal looks like that will close.You'll also find that brokers who assign agents to REOs or a bank selecting an agent won't be selecting an agent with a 14 transaction record, they will be seasoned agents, 227 for example is enough to have been around the block.

It just means that when you do, you nix the drinks and expensive meals and stick with water and an appetizer. 

One more question hopefully last one in this chain.

So I was in the process of renting out one of my homes (later decided to sell)Anyways we were negotiating a chain link fence to be built for the front yard.