seems that Chicago has some of that going around the Equity build charges by the SEC sound similar in nature.. that's one tough city to operate in..

Some of our canvassing has been to put in a dance/fitness user.We have one tenant whose lease states that the "Demised Premises shall be used solely for retail purposes to operate a casual dining restaurant/cafe".This tenant is new to the shopping center as of a few months prior to our taking ownership.

:)  I am so used to dealing with conventional lenders I think I've been assuming local banks operate just as inflexibly as the big ones.   

Where a larger operation will look at the small deals as a pool and have a set of systems, and people in place to deal with them. 

This is for the 1% that have both the money to buy a $1million+ building and the experience to get a loan for that building, as well as to be able to operate it.2.

But you also need systems and knowledge in order to operate the property.

Most investors in the area have gotten that same face to face offer from a dozen of your predecessors, as well as from all the other big wholesale operations in town.

@Keyoka - The work-around is probably for you to look at properties of 5+ units that would put you into the commercial lending arena where the operations of the property itself are more of the focus by the lender than your personal financials.Originally posted by @Keyoka Smith:Hi...I'm a doc, 10 years in foot/ankle surgery (I started "late", finishing residency at the age of 35).

I know that the extra set of () will allow you to use non-contiguous cells in the calculation and excel will see everything inside as a range of cells for the calculation.If all the above is correct, my thought is that I should be adding the sale proceed to the final year cash flow from operating the property (E1+E3) and then using the result to calculate IRR.If I try something like this is get an error: =IRR((A1:E1+E3))With the first forumla above, my concern is that it is interpreting cell E3 as separate cash flow from a subsequent period, rather than occurring in the same period as the final operating cash flow.

(aka non virtual assistant)2) when hiring, do you have a set of criteria or interview questions you suggest using to vet the applicants?