Unfortunately, I have seen many friends and other investors have to dig out of a hole because they stayed too long.I am currently taking some chips off the table by selling one of three large apartment buildings I have in the Dallas area and exchanging the payment of a hefty amount of tax In order to receive a hefty amount of safety and security.Good luck on your decision and you are lucky to have one....

In the end, you have a deal on the table; so, whether you start with a call or not is just opening up the dialogue and due diligence on both sides.You can also reach out to commercial mortgage brokers and they will do the heavy lifting.I did not know what I was doing on my first deal.  

Page 2, table 2, direct from fammiemae.com (as it's from Fannie at the top, lenders generally all have the same LLPAs - or worse - but not better). 

Do not do something that is unique in that neighberhood or will likely have objections.  

Odds are you're going to want someone who is in your state and understands all of the uniqueness that may (or may not) go along with it.

Hello BP,

Looking to buy a property needing some Banker/lending advise. The property is some what unquie and banks are only wantin b to put a commercial loan the property.

The property is on 5 acres and has 2 resid...

At the closing table, you will generally promise to owner occupy for 12 months. 

Build your network and bring something to the table.

I think we bring a unique perspective and have a lot to offer the building community so it's encouraging.

We bring to the table funding, entrepreneurial mindset, time (lots of that), and limited rehab experience that we wish to expand.Our initial business model is to buy / rehab homes in L.A.