Am I assuming correctly here, or is the seller able to retain some of the equity?

I guess I'm not correct on calling it a Lonnie because right now I am in need of capital so I would sell it for cash only unless a buyer has a DP that cashes me out.

If the local market corrects or you need to dump quick you will be overleveraged with no principal pay down.How much extra cash flow are you getting with the interest only loans per month per property??

I've been waiting 5 weeks for my f'd up local bank BCB to give me a GFE on a refi they hold the note on, after dealing with f'd up PNC and their refusal to correct an absurdly defective appraisal (sq ft under by 20%).

However I am pretty sure what I have said is correct and I am sure someone will chime in and verify it.

Not only the tallest (still tallest I believe), but buildings that actually look twisted (really don't know how they line those up correctly), another that looks like a sailboat, another that looks like a sail, another inverted etc.

Is that correct?

Sean, what you are looking to do is provide comps to show you are making a fair offer...correct?

I'd advise to make absolutely sure his numbers are correct.

It's $105k, either way.That's not correct.