Two big players in Cedar Rapids are Grace Gudenkauf and Amelia McGee.

We financed this deal using a conventional loan, and taking portions of my 401K out to make the down payment and stage the house for STR and MTR.

Hi everyone,I’m currently in the research and planning phase for a new project focused on rezoning and developing residential complexes in Atlanta.

I've seen where people add so many loan extensions with optional payment.Say 1k gives you a 1 or 2 year extension and this can be done 4 or so times.This agreement could be changed so many ways to make it work.You could offer a higher interest rate after 7 years to extend to 15 years.

@Eli Kantor The complex I still follow having invested and owner occupied is over 30 years old and has 340 units.

Does anyone have a title companies that they use for Sub2 (and Wrap) deals here in Central Florida? 

How did you find this deal and how did you negotiate it?

It is best to run a new electrical line to the unit that has the water and only allow that unit to use the W&D. 

I just refurnished much or it and got new pictures, and the activity has been good thus far.A 2/2 beach side in Destin/FWB, income will depend on view of the unit, and the things mentioned above.

Sounds like a good deal and you must be handy to have done all that work.