Based on your assessment of the spread, if it makes sense, then jump in and make an offer but try to push the settlement date back as far as possible to give you enough time to come up with a detailed execution plan for turning the property back into market. 

Usually you get a long term loan from a conventional lender like a DSCR loan that is based on the property income.

Building a Strong Team Culture:What activities or strategies do you use to build and maintain a strong team culture?

Rental demand has been strong with an asking of $1,700 per month per unit that does not include utilities.

Hey Ian,Given your background and interest, it seems you have a strong foundation to succeed in real estate investing.

3.c) Not be arrested at all (based on the color of title that my QCD will have provided to them), and will Trump have to evict them after proving to the court that my buyers don't actually have title to the White House?

I've been researching and see a few credit unions that do "ADU loans," where they'll assess property value after construction complete, then loan based on that amount.

Ben,The NOI on the condo if fair but based on equity versus mortgage $600 is a little risky knowing how Condo associations tend to hedge up on their HOA fee's.

based on this its what ever you all agree to and are happy with.. as long as you get some cash and you record your DT or mortgage in first position and then have co bene's on the mort/dt / note then thats all you really need.. you all might want to talk to a decent CpA about this.

I can look back and question my decision to go with him based on a number of warning signs, but we know some of the same people and our trusted friend referred him to us.