Cory - I've found honing in on a specific vacancy rate for a specific smaller market to be tough...

But if I want to invest money providing better terms than those options, he's happy to take the better terms.I don't want to ask for the terms of his best alternative, and even if I did, I'd likely still post this to verify.

This is done to ensure that the property has been stabilized and to mitigate risks for the lender.Since there are various lenders and loan programs available, it's critical to connect with a knowledgeable mortgage professional who can guide you through the refinancing process and help you understand the specific seasoning requirements of different lenders.If you have any further questions or need additional clarification, feel free to ask!

You agree to buy at a specific price within a specific amount of time. 

I wonder if I should be more specific as to the dollar amount in equity I have available.

@Mica MooreThe answer is "it depends" no one on the forum has enough info to give you specific advice.  

I would recommend consulting with your insurance and then getting your lawyer to draft one specific for your property.  

@Jason Yang do you have any specific questions or did you just need a referral? 

It's crucial to understand the state-specific regulations regarding like-kind exchanges, as some states may not recognize or fully conform to the federal provisions.

I don't lend in NY (we do investor loans in most of the country and consumer loans only in FL, but we do nothing in NY), so I don't have a dog in the hunt here, but don't discount other types of loans, including a loan designed specifically for flipping.