You get a person who is a single point of contact for your loan(s) and they know you and your business better than you do.The terms you were quoted are pretty standard terms for a CMBS (conforming commercial secondary market) deal. 5 years shouldn't be the amortization,  it's probably the due date of the note.

Now days you will find 200 amp service with circuit breakers standard.

Changing from 10 to 8 isn't a huge change with the houses I'm currently analyzing, but it is still nice to see what standards others are getting. 

Do you have to use the C.A.R form and sign the Assignment of Agreement Addendum if you are planning on wholesaling and give both forms to the re agent or can you use a standard one page contract which you can assign?

I have all the equations for the standard metrics, but my math isn't strong enough to twist them backwards to calculate a maximum offer based on the desired metric.  

Pretty standard apartment inside and out.Rent in the area according to rentometer for single beds is $640 so it's on the low side and with the old original appliances and cabinets and stuff, has upside potential.I was thinking of offering 380k to start and subject to financing, with inspection contingency, request a schedule e (he showed us numbers from his accounting software already but to be safe of course,) and estoppel certifs.Income 52kExp 14kNOI 58k~Rents- 525-575My broker said he'd go 390k max but he said he thinks it would be a good buy to hold for cashflow and rehab units for higher rent. 

Passco has admitted that the property has under performed since it was aquired and have even stated that it has underperformed industry standards in their lastest news email.

Dodd Frank is nothing to play with and the lenders in our space recognize the importance of separation between covered loans and those that are not covered.Florida and Virginia are states where an entity is required to differentiate the loan from standard residential guidelines, regulations and laws.Stephanie

For example, if I know that Dollar General wants to lease the property, I can look at their site requirements and calculate the costs associated with bringing the property up to those standards.

I have never purchased a home before so I was not sure of the standard procedures or proper protocols.