Also, unlike traditional conventional 1-4 Unit loans, commercial lending is really up to the lender wanting to do the deal or not.

It is a TurnKey mixed use building with 1 commercial unit with USPS as the tenant since 2008, and 3 apartments filled with long term tenants.

It also simplifies estate planning by ensuring properties can be passed to heirs debt-free.

All of us professionals are trying to make money off you and those trying to help for free, well #1 their opinions are often worthless leading to #2 you get what you pay for regarding free advice.So, question everything to avoid being sold a load of crap.There's a lot you can do remotely - if you put in the time learning enough to avoid getting taken advantage of and/or build the right team.Your first challenge will be WHAT type of investing you want to do.

(this was after we had closed on the property) This was a bank commercial loan. 

Hello Bigger Pockets Community,I'm an investor with experience in commercial and industrial spaces, now moving into residential land development in Georgia and the Carolinas, focusing on large tracts up to 100 acres.

My goal: create an interest-free loan which is appealing to a potential homebuyer, yet doesn't make too big of a discount on my end.For example: If I sold my $300,000 house with 20% down ($60,000) over 30 years, at 6.7% interest rate: $1548.67 principal and interest per month1548.67 x 12 x 30 = $557,521.20What I would do would offer a lower monthly payment and no usury, but it would effectively be like a prepayment penalty.Arbitrarily, let's say 20% off the monthly payment, or $309.73 less per month: $1238.94 monthly payment.House would be sold at $446,018.40, which is $111,502.8 less than the total paid with a normal mortgage, but $116,018 more than the market price.

It's also free and considering how much other programs are charging, this is a huge plus. 

It all depends on the circumstances as to how much.2) Even then, tenants in Los Angeles have free legal services.

If you want to evict a tenant for the right reason, like construction, family member or for you, the landlord need to give them 3 months free rent plus $ 1000 for multi-complex with more than 4 units and half the amount for 3 or less units.