The only way to get a commercial lender to take that loan is by committing mortgage fraud and you don't want to go down that road.Best of luckStephanie  

End buyers won too: appraiser was being super conservative (I told her in no uncertain terms what all was going on; there was no fraud or secrecy in any facet this transaction), but even according to that appraisal the end buyers got it for about 5% less than appraised value.

It costs a mere $1.00 to validate your identity and you'll get all kinds of discount coupons in the mail that more than make up for the petty expense. 

Tenant(s) Government Issued ID: typically, this will be a driver’s license to prove the identity of the tenant(s).

CMBS took a big hit the first quarter of this year because they price interest rates too high in the 5's.Even though CMBS can be non-recourse you still have to sign carve outs for things like bankruptcy and fraud where it changes to recourse.CMBS also has a lot of loan costs with it in lender legal fees to securitize the debt.

You have made a material misrepresentation (could be considered insurance fraud in the extreme case) which they could use to show that they would have never written the policy with the true info (most companies guidelines specify that the building be owner occupied for them to write the policy.If you feel you need to save money, shop the policy and look for other options such as higher deductibles, alarm, etc.

Giving false or misleading information to a federally insured financial institution is bank fraud, good bye, see you in ten years! 

Like Mike said, if you put big money down to "force" the cash flow you haven't changed a bad deal into a good one.At one time I owned a house in the SF Bay area, paid about $40K for it in '77, the guy that owned the house 3 doors up had bought his (identical house) in IIRC about '81 or so for $80K.

Bronchick was hired and trusted by my elderly mother and is now being sued by the CO Attorney General on behalf of the Colorado Division of Regulatory Securities for multiple instances of fraud.

There's virtually no enforcement here in MA, though te Board of Registration has agreed to review a test case.I'm glad that I was able to stop this particular fraud - and yes, to make a commission too - but I wonder how many others are getting screwed right now as you're reading this.