A properly designed permanent life insurance policy is the underlying asset. 

Have you filed a proper eviction:ejectment action?

Hi @James M Smith,You said the proper solution yourself"I cannot require one of them to move out and they need to come to an agreement between the two of them"Let them work it outGood luck

TIA.If you want this house (that's the first question) and it has some cosmetic deficiencies and it's in a great neighborhood, I would offer him a lower sales price (like 30% lower if that's more in line with what the property will appraise for), take his financing if:there is no prepayment penalty and it's 100% financing the cash flow is acceptableand then refinance it with a lower rate product with no seasoning on title or wait out the conventional seasoning period and refinance it with a Fannie Mae loan. 

If you manage this gift properly, it will be truly life changing.

Be lucky you have those people in place, but don't expect that to be the case in the future unless you have 1) a product that can't be beat, or 2) a price that can't be beat to encourage your tenants to stay. 

What I'm hearing is that you are selling two investment lots and want to exchange into an avocado farm and want to make some improvements to that productive farm. 

the banks are simply cross selling their  products   figuring the more connections they have with you - the longer you will be a customer ...often they will offer an incentive  like a slightly lower rate  or removal of a loan fee  in order to  entice you to open up an account ….. don't overthink this  option …..all the best

Then you pay back the reserves account with the CAPEX "expense" you've (hopefully) set aside properly.$20 says the roof on my property will probably cost the same as yours.

Is the SBA 504 the right product for what I’m describing?