Here is my business plan………….copied from another business with the old name not changed in some places10.

Quote from @Mark Alford: Nghi Le, what additional detail would help with this question?

Refinancing to agency may make this a great dealGood LuckGino

Hey BP,I posted a little about this project in another thread but wanted to post an update here.

That will put you in a strong position when you start investing in real estate.Using this time to learn and prepare is a smart move.

Timeline ranges from 22 days in Texas to almost 12 months in some other states. ” The borrower could file bankruptcy (can someone confirm that this will only cause delay, but not jeopardize ultimately collecting the legal balance of the note)”I wish I can confirm that, but it isn’t true.  

There are NO institutional investors that will jump on this kind of deal, but you can maybe find a private lender or do a Joint Venture (equity split?).

Only do a 1031 on this building.

I've found myself more focused, and have come to the realization that while, the vast world of REI and improvement podcasts is a great way to find out what is possible, it does not work well for me to help drill down and take action, especially when this is an industry that literally everything could work.I'm excited to take this new "era" to BP con and use that as another launching point going into the Q4 and Q1, and ensuring I'm saying NO more than I'm saying yes.  

If you get a little further out from LSU, you can probably buy in the mid $200k range and cut $200-$300/month out of that.