Creative things sellers can do sell their house-Seller contributions-seller funded permanent buy down-seller funded temporary buydown-owner financing-contract for deed-seller second-lease option and lease purchase-wraparound and assumable mortgageTwo: creative things buyers can do to purchase a home-gift funding-selling and refinancing existing assets-nonoccupant co-borrowers-using a 401(k)-temporary IRA transfer-pledged asset mortgage-equity transfer and bridge loan-employer assisted mortgageThree: creative things lenders can do to finance a transaction:-lender funded buydown-Fannie Mae's my community mortgage-running scenarios with automated underwriting systems-adjusting amortization period to lower payment-adjusting interest rates to cover closing costs-state, province, and local grant or bond programs-mortgage credit certificate-private lendingAll the three players above, the seller, buyer, and lender, can bring creative solutions to the table to get a house sold." end quoteMost brokers don't know these either, or know them and don't inform - teach their agents.This is through my direct experience.

However, at the time, I had not noticed that the certificate specifies that the dwelling units are on the first, second, and third floor.

As an investor looking to obtain my first multi family home, I have a couple questions pertaining to how I would go about analyzing MFH for a proper cash flow. 

There was a large defeasance penalty on existing loan which prevented obtaining new debt on the asset.

What about sites for obtaining leases.

I think the seller  is required by the city to address the deck code violation for the occupancy certificate.

Thank you I was also wondering if After i obtain my llc will i be able to get loans with no prior business credit history or do i first need to build my business credit history with credit cards? 

My high DTI throws a wrench into obtaining conventional financing/refinancing but not impossible. 

Thank you for your insight @Kristina Kuba - What are the more common financial constraints that would prevent one from obtaining a cash out refi? 

I'm not sure I want to discount any rent because I don't want to set a precedent for rent withholding, but was thinking maybe a $100 gift certificate to a nice restaurant in town makes sense?