I deliberated too long about what to do about the problem and the unit sold before I made a decision so now I have some questions about how you all would go about the situation.

Generally, the banks will list with another agent, and until then, it can be very difficult to figure out what the status is, or who is making the decision (at least with the big banks).

Be prepared for these types of decisions.

That is unless, of course, you already have four financed properties.This discussion is limited to FNMA delayed financing/FNMA cash-out loans and would not have the same guidelines as bank loans that are not sold into Fannie Mae (generally more flexibility with the trade-off being shorter terms and higher rates).Sam

Help you define the appropriate business structures, both from a legal protection and from a financial/tax perspectiveHelp you create a tax strategy for your business that will allow you to legally keep as much money as you possibly canHelp you make smart decisions with respect to your individual real estate investmentsPrepare your annual tax returnsRecommend other team members (attorney, insurance agent, real estate agent, etc) who can help make your business a successWhat are your credentials?

Good luck on your decision, especially if you select condos.

Is this simply a company policy decision?

This will help you with your decision.

It will be easily the best beginning decision in RE Investing you could make.

I have important decisions to make.