Anyone have an overlying business with multiple business underneath (operations, sales/career income, prop mgmt, construction, etc)?

ARV, and size of the complex... are there many other identical (or close in size and floor plan) units for sale?

It would most likely trigger the due on sale clause.A scenario that may work though is if the amount remaining on their mortgage is less than what you are willing to offer as a down payment or they were willing to pony up the difference.

The deal was looking good....until I found the loan modification from 2014, where HUD took a lien for $28K.This will likely be erased in the foreclosure sale.

I work with StarPointe Realty on the sales side, and have my own fourplex rental with them on the property management side.

EvolvedProperty is somewhat vague and doesn't automatically trigger thoughts of a home sale.

Both the mechanical and plumbing seem to have less left on the contract than what would be required to finish the work (for instance the HVAC guy has done everything but put in the new package unit outside which is about a 5k job, but only 3.5k is left on the contract) but I, nor the owner who has been very cooperative, have been able to get in touch with the electrician, and there is a good bit of work yet to do.When you say $ held in escrow post closing to cover leins, do you mean $ out of the seller's pocket/sales proceeds, or out of my pocket?

Is it possible to acquire property this soon after taking a mortgage loan?

Are you using the OREC uniform contract of sale?

The best place to find  gas stations or auto repair shops for sale with / without RE in your area is www.BizBen.com.