in the U.S.A) you could get the same rate as a residential mortgage.We also have lenders in Canada who are writing 5-6 unit buildings as residential ... essentially, their valuation is too small to be of interest to the commercial lending departments.  

the term "subject to" essentially means that they are giving you title to the property subject to you paying the PITI.  

I think that all you can do is make sure that you are building in a margin of safety.  

If you offered over asking (or essentially asking price) and there are no other offers. 

Or is that a safety hazard?

My title company said as long as the attorney's representing the bank sent the IRS a letter letting them know about the foreclosure and it will essentially go away after the redemption period. 

If you know of streets I should stay away from in terms of safety, let me know. 

They may not like the idea of essentially self-insuring damage caused by the plumbing.

So, I'm essentially rebuilding my retirement from scratch.

Hey Chakits,Essentially if your 401k is with your current company, you probably won't be able to move those funds until you retire or leave the company.