Hi everyone! Thank you for taking the time to read my post. I am a newbie here at BP and I am constantly amazed at the wealth of info floating around these forums. Thank you!

So here is the scenario:

I ...

P&I is $525 with about $350 going to interest and $175 to principle.

Your pic with date/time stamp may be shown to the judge, probably would be accepted but the tenant might have objections.

If it is cash flowing as well as you described you should be able to pay off the principle quickly.Good Luck,Billy

There are principles and brokers here that you can obtain bids from.

Hi Greg,Most of the accomplished investors that I meet in the TC say that the main objective should be to transfer SFH and Small multi-units into large commercial properties asap.

If there are objections, the planning&zoning commission and/or city council (both hearings were required for my situation above) could decide to act on the neighbors concerns and refuse to allow the new use.Start with a call to the planning and zoning commission and discuss what you want to do with them.

(i.e. sell when you can get a great price vs. just becuase you have a 20 year plan), so that objection is sort of mute.My only REAL concern is that I'm "turning over" an asset that we've worked hard (albeit only 2 months) at turning around.

I'm extracting the principles and get them to work here in the Philippines.I'm a real estate broker specializing in Office Space and Commercial Property.

Seller financing rates are usually higher than going rates and a buyer may want to make additional payment to principle, this is often an accounting issue and reamortization that can cause errors.