I see your way up the mountain away from the ocean.. how close is golf and restaurants ?

I also like to make it a condition that the seller deliver a couple of days before closing an Estoppel Certificate from the tenant where the tenant confirms:  (a) true and accurate copy of the lease and all amendments thereto; (b) address/unit they are occupying; (c) statement that Landlord is not in default under the Lease: (d) statement that Tenant is not in default under the Lease; and (e) statement of monthly rent and remaining term.This protects the buyer in the event there has been a subsequent written or verbal amendment of the lease (that the seller does not disclose) and prevents the tenant from making statements to the buyer/new landlord that are different from the terms of the lease that was provided to the buyer from the seller.Vivian

Closing on several , this / next week. 

Make a list and look closely at each one to see if they are an option.If you can't find someone within your network, expand your network.

You do care, especially about the use of the money, but that’s a separate topic.Your loan expenses, such as wire transfer and loan doc fees, will be paid by the borrower and reimbursed to you from the closing statement.

Do you receive a commission check at the close of escrow?

Seems like there were a lot of DSCR loan choices, and how did it go if you went that route?

Let's say we we bought the proporty for $600K, sell the property for $1M , say a morgage of $400K was pending at the time of selling, say $80K is closing cost, say we spend $50K for rennovation before selling.  1.

Account Closed“Long, boring post perhaps,”NOT at all, your post is quite fascinating, and VERY IMPORTANT.

It forces users to manually split mortgage payments into various components every month, has a painful process to start new mortgages and close out existing ones, and generally has a miserable process for handling everything around loans and amortization.