He ignored these requirements and he went straight to the County with the same paperwork and the county approved the subdivision; therefore he was able to sell 5 of the 6 properties to different investors.

Despite my constant follow-ups, it became clear no one was actively working on the property.

Properties like this interest me because of their cheap price and fairly high rents.

While the cash allocation is somewhat high, it serves as a reserve for our rental properties and future real estate investments, held in a high-yield savings account.

Is it managing a property maybe short, mid or long term on your own?

I have 3 SFR properties in Section 8 with no real issues.  

Investment Info:Large multi-family (5+ units) commercial investment investment in Angola.

You’re right—commercial lenders are tightening up their guidelines, and it’s becoming harder to find 10% down on jumbo loans, especially with the current market conditions. 

DSCR Loans can finance property types that conventional loans cannot (non-warrantable condos, condotels, unique properties or mixed use properties...)Jay was going to say those things as other Ifs i am pretty sure!

Is anyone familiar with late fee laws in Maryland for a commercial property?