Have you closed a wholesale deal? 

So, I'm about to close next week, and I've been looking at commercial properties, specifically 5-8 unit ones.I recently made an offer on an 8-unit building in the Southeast, which seemed like a great deal.

Hi there Mindy hows it going hopefully fantastic , Im a new member and  been tryin to grow my real estate business hear on Bigger Pockets  and loving it hear, a few moments ago I received a message that Im being banned for spamming Im trying to understand how because Im in the middle of doing business with an investor from Dallas when I was cut off do to spamming can to help me please thank you so much stay blessed and great success 

So if you're looking for an agent with a great pulse on the market so you can actually close on a deal with confidence, feel free to DM me.

The best and worst neighborhoods are staying rented. 

I am close to the owner so I can discuss options.These are details and some rough numbers: - Location: Vienna , VA - No mortgage on house (free and clear)- Purchased year: Around 1980- Purchased price: around $50,000- Type: 3 bed - 2 1/2 bath single family- Market price: $920K (not appraised yet but numbers from Zillow)- Market rent : $3,400/mo (from BP Rent estimator)- Insurance $2,000 /yr- Taxes $9,300 /yr- Management $3,260/yr (I do not want to manage )- Repairs: TBDThe numbers do not work with conventional financing (20% down, 7% interest, 30 yr) so I want to think of creative financing ways.

Many sophisticated Sellers will want to try and understand which Buyer possesses the highest probability to close and materials like this can certainly assist.  

Not even close. 

I'm assuming this is a large property-ie several acres and there is a structure for the horses to stay in.

@Jose ChavezAs mentioned notes are very standard documents that your attorney should draft.A PG is another separate document just like there also should be a loan agreement if to a LLC and some security instrumentWe use an attorney to always draft these and charge the costs to the borrower as part of the closing costs