I'll just have to be satisfied with myself as the social outcast of BP I guess and I'll do my best to be grammatically correct.But, if you don't look like me, get your real picture up on your avatar people!

Your friend might as well use a probate referee, typically not my first choice when determining value.If this is to satisfy court, they normally assign referees on a rotating basis.

At this point the owner can either negotiate a new lease with the tenant or re-tenant the building.A lease with 10 years remaining with no options doesn't seem right.

In every case, a purchase agreement was included because it set forth every contingency which had to be satisfied before the TB occupied the property, Furthermore, an escrow was opened and remained open until the option contract was executed.

I remain & thank you

A federal tax return, CPA letter or possibly a letter from the borrower should satisfy most underwriters on the lack business ownership.

I'd say a deal like this should have 10% of the sale price as the down payment and the front-end loaded note can be made so that is attained and then fall into the remaining amortized period.Sell the property for what it's worth, 8% is sufficient consideration, use the amortized period to provide you wanted monthly income, you could require a higher payment to principal to increase the down payment over time as long as they can really afford it, and affording should be determined by debt-income ratios not by an opinion, especially with any inclination of getting in their pocket from any personal issue.Good luck on your getting your RE license, as you go through that process you'll see the ethical aspects of dealing in RE and what I've said here will become clearer. :)

I sure wouldn't suggest a year of free rent for any term of lease unless the company/person was strong to sue and get the award for the remaining term.What is it zoned for?

It's easier to reward them with a newer and fancier fridge and everyone remains happy!

These nonconforming situations have a right to remain and be used as they were constructed."