Originally posted by @Landon Coate:Brandon Studebaker Construction & Full Spectrum Construction LLC are the two local contractors.Thank you sir.

With the new Business Owner/Investor continues to pay the Mortgage with a service company so payments Principal and Interest go to the Bank as scheduled per the original MortageHow can the new buyer do a wrap (#subject to) with the #first #lien for the underlying mortgage where as the Seller equity is in the second position?

The seller needs moving money, there are oftentimes an arrears that has to be paid on the loan, there are oftentimes HOA fees that are due, there are title costs, there are escrow costs, usually there is deferred maintenance, you have to make mortgage payments out of pocket until you get a renter in there, you have to pay utilities and taxes, and you need reserves in case it all doesn't go as planned.3.

I've kept my rents the same and simply charge a short-term fee.

Hi all!  Trying to get a feel for whats considered market for a commercial placement (as a % of commitment due at closing).  Anyone close a commercial deal recently that could provide some insight?  I'm seeing 3% as a...

If an HML covers 100% of the acquisition and rehab, you'll get nailed with high fees and interest.

And the upcoming remodel.... still has original 1984 paint, flooring and furniture. 

While going the FSBO route saves on commission fees, it's essential to weigh these challenges against your ability to manage them effectively.Cheers,KC 

Originally posted by @Naveed Q.

REI helped with some management fee concessions to make this property cash flow for the first 18-24 months.