This kills them for about 10 years, which typically means this is a permanent fix. 

It isnt over till the fat lady sings .

Whether they are active realtors or active investors that depends on how flat or fat their wallet is.

Residents really appreciate that and it helps us with key management as well.We had a few lost key situations and what I have been thinking about is to put a permanent lock box on the back of the house or the garage.

The borrower must have held legal title to the lot for at least 6 month prior to the closing of the permanent mortgage for cash out. 

For example, the asset may not be in a position for permanent financing due to low occupancy, lack of seasoned rents, or perhaps the renovation and lease-up have not been completed. 

That could be a heloc/private loan or a short term construction loan then you refinance at the end, or some  type of construction to permanent financing loan. 

Again, a few extra points annually, but many are interest only for 12-24 months while you stabilize and lease-up the property, season, and refi on to permanent commercial financing.

That is my big question on this whole deal, what has caused him not to make payments, and is it temporary or permanent???

Hi, folks, i need some referrals of contractors familiarized with permanent foundation and setup manufactured homes.