You will still want to use a title company to do the transaction, and get everything properly recorded.

Wells Fargo just informed me that I need to have a commercial loan to do this and that they would call for full payment if they found out I moved it.Clearly, this is my mistake for not adequately researching this and ensuring my bases were covered.

One of the most important things is to speak with the proper persoan at the bank that handles what you are looking for, and as Mike said, use small local banks who provide commercial loans.

My question is: How do I figure out a proper bid to make?

"At Century 21 First Realty, we feel that one of the best ways to ensure customer service is to train our Agents.

Properly installed, it will be a 25 year job.

While not fun to deal with, mold cleanup really isn't too tough of an issue, as long as it's not too extensive.The best recommendation I have is to ensure that you have an inspection contingency in your offer, so you can back out if things are worse than you thought...

You'll also want to check with your CPA about the tax implications of moving the house in and out of entities.Be sure that you also check your hazard insurance and title insurance each time you re-title the property to be sure that the proper entity is insured.

One thing to remember is that if you have budgeted properly for vacancy, the money used to money used to carry these properties when they do go vacant will come from the reserves you have created not from your pocket.

We realize that they ensure loans, but we're not sure why they would need to respond this late in the game.