For shorter term, I'm looking at non-performing notes (rehab and resell).

I'd consider jettisoning the poorest performing property in the portfolio and keeping the best properties.

She was very aware that it sold.Do I need to attempt to force the current seller to perform a suit to quiet title or is it satisfactory to go ahead with the purchase of the property and do a suit to quiet title myself?

My dilemma is I save face with my partners and save money and time by KNOWING a HML will perform before I ask my partners to step in.

So while a cash flow analysis will be performed on a commercial property, those rates and figures should be derived from the comps, or at least of database of similar properties.Also, it's great to say that the numbers work, so the deal works for your model.

In the e-mail, our mortgage agent explained that the underwriter handling our file - who lives in a cubical in southern Ontario - found this advertisement while performing her diligence on the refinance of the property.

Did the contractor perform on time?

I would be tempted to sell and put the money into something that would perform better.One thing to consider is your capital gains.

If you default they have a non-performing asset on their book that has an unfavorable equity position.

So, any L/O, Sub-2, Contract for Deed or any note thereby secured by a residential property are all financing agreements.Now, a lease at market rates without any purchase credit allowed or granted together with a true option, where no part of the option price is financed and it is paid as a lump sum when made is not a financing contract, so you could do those.BTW, any agreement to reduce a sale price over time for past performance can be seen as a financing arrangement as well.If your transaction is not specifically exempt, compliance is required in any installment sale.