With the help of an agent we found this deal My initial offer was accepted as the seller was motivated to sell.

Secondly, initially we engaged with one attorney to handle both the securities work and sale agreement and transactional activities.

When you've got an occupied apartment in an area where local rents have increased quite a bit over the last few years, what are the deciding factors in whether you take the initiative to renovate it and increase the rent to the new market rate versus let it sit and accept the lower rent?

 I told him let’s see what exactly the city wants done and go from there, the seller is going to counter my offer, but they are waiting to see what the city says first.Versus making my initial post to long with particulars that might not be helpful, I am happy to answer whatever questions you might have.

I’ve got no personal hate toward Roofstock & I actually was singing their praises initially.

If he is still being stubborn, contact him again- either every two weeks or every month following this initial contact, depending on your level of comfort. one of three things will happen in this time period:1).

When you first apply you'll estimate what you think your home is worth and that will be your initial estimated LTV but once your appraisal is completed the true LTV will be calculated.

I’m wondering if I could initiate that delayed financing loan in parallel while making the cash offer on the property so it’s ready shortly after closing on the transaction.

Will it act as a bridge loan to help you initially acquire the property while you get the long term financing in place?

Not the other way around as the 'corporate veil of protection' is still valid while incorporating a business entity mind you.I think you're asking if alternatively an LLC would suffice as a way to organize, but this can easily be determined with an SEC lawyer (even an initial consultation).Your question indicated about ten people involved in this particular business plan and could be covered under the LLC as well in the ability of 'unlimited owners' (people involved)- but again that's where a consult with an SEC legal professional comes into play.There may be things that even your LLC would be involved with that (if you started there) would pop up on the SEC radar- and it seems better to know how to most legally organize from the start.There are various podcasts and books on this topic for folks in your exact situation, but I would consider maybe just skipping those and going for a meeting with an SEC lawyer from the gate- better safe than sorry, and you may be advised an LLC would work just fine for you.