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Here are some pics of the finished product. 

For "formally assuming the loan, its a matter of the loan product and the underlying risks. 

The prepayment penalties have been determined in such a way that, whatever you do, you end up paying a double digit interest rate over the original lifetime of the loan.Just the fact that companies would sell such a complex product under false pretences and not explaining to people how these exotic products really work tells me all that you need to know. 

This will depend significantly on the quality of product you are trying to put out. 

The public store footprint doesn't go away it just changes with the technology.Commercial real estate will always be around.The only retailers in trouble are those who didn't make the changes early and now how extra space they do not need with more of their sales going online.Best Buy is one of those retailers.Many myself included walk into the store just to look around and then see online if we can locate the product for a cheaper price.

He went for it (forgave - release) and I gained an additional $30K in equity.This move alone paid for any expenses used to renovate the properties and bring them up to and beyond par.Hopefully, Joshua will allow this site up as a reference - not selling any product. ******** Here is my website (www.twinash.net) of those 4plex buildings for reference (sold 12 years later) - which BTW is a great tool when advertising a vacant unit, this simple website alone cuts out the headache of showing up, wasting time and gas when dealing with potential clients or tenants who drive off or do not show up themselves.

The product of these bidding wars are often very poor rehabs and inflated ARVs.

Any suggestions for what product to use?

So far I have not had any recuring problems with this approach.If you have ever used a wood preservative product that was green, it is because of the copper content.