Upholstery as cap steps, removal of existing carpet, Will be discounted because the store will want to make money on these services too!

I want to take my business to the next level by establishing the documentation and processes that insure compliance with state/federal regulations and create notes that are marketable to note buyers.

If the owner wants to try to get the property – they have to take the city of buffalo to court – they cannot just satisfy defaults, they have 2 years after the auction to contest the foreclosure.In reading the Sale Memo I was not clear on paragraph 15…are the properties subject to any outstanding liens or title cleared and existing liens settled at the time of purchase?

Is there any rules against not having the existing owners stay and lease the unit after you purchase from them?

Next, learn about any existing financing.

If I do set up my own real estate brokerage office as opposed to working with a non-licensed partner, will it be ok to use my existing LLC to buy sell and broker properties, or do you recommend setting up a new separate LLC?

The biggest problem in our country today, is the unnecessary regulations from people that never created any wealth.

I like commercial because there is not as much competition for it.You can structure a deal more creatively and there are more different types of lender loans than for residential.Residential is highly regulated by the government now.Commercial I don't want the government messing it up as well and squashing creative financing.I like commercial for economies of scale and ramping up larger transactions.You can make money in residential it is just not my thing.I like retail and multifamily.Medical will be hot for many decades to come as well with the boomer generation retiring.I don't care much for industrial but I am seeing some transition areas where a developer takes an industrial shell of a warehouse leasing at 2 sq ft.They put improvements in and get rezoned to mixed use retail and get 15 sq ft lease rates.

One lending agent mentioned that she thought med student programs existed but I have yet to discover one.

I've also been researching transactional funding, Hard Money lending but am worried about usury laws, compliance with state/federal regulations, dealing with brokers, title companies, attorneys, CPA's and the due diligence on the property to fund.