If the money is that important to you - you probably owe 2/5 or 4/7 cost based on Actual invoice with previous invoice with your unit number showing when they last changed it.

I bought a 12 unit building a few years ago in a town/city of 16,000.

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

Investment Info:Large multi-family (5+ units) wholesale investment.

It's a 240 unit multi family apartment in Texas.

It will depend on your FICO, loan amount, property type, number of units, level of experience, etc.

Ab1482 does not apply to units less than 15 years old and due to costa Hawkins no local ordinance can rent control units less than 15 years old.   

This is related to the discussion of "super liens" earlier in this thread.To your concerns about the rights of competing liens, my read of the statutes and case law indicates that any liens (other than IRS liens) that existed prior to the date of a tax sale are extinguished when barment of the right of redemption is completed (see National Tax Funding v Harpagon).  

Electric baseboard heat is a cheap way to replace an old furnace that feeds several units which you pay for.8.

Investment Info:Large multi-family (5+ units) commercial investment investment.