The school makes it very attractive.

@Andy Chen I know mixed use is a little harder to finance, but I would think 65-70% LTV would be pretty easy to find. 50% LTV should get you very attractive rates and terms.

The main issue I am asking is since the property would not be income producing when it is bought would a regular bank be willing to finance that?

Please note that specific information such as the property address and names of those directly or indirectly involved in this particular real estate transaction were intentionally omitted to maintain confidentiality given delicate subject matter of/affecting health, life and safety.IntroductionHaving provided carbon monoxide (CO) testing of gas utilization equipment for well over ten years during the 1980's and 1990's in addition to having learned about the production, mitigation, prevention, testing, and harmful effects of elevated levels of carbon monoxide due to incomplete combustion of natural gas utilization equipment from a recognized leader/foremost authority on carbon monoxide testing in the industry by the name of Jim Davis—senior carbon monoxide/combustion trainer and consultant for the National Comfort Institute (NCI), who began traveling the country during the 80's and 90's conducting carbon monoxide training seminars for building and HVAC contractors, building inspectors, utility companies and virtually anyone interested in learning about carbon monoxide testing and proven methods to mitigate and prevent gas utilization equipment from producing elevated levels of carbon monoxide in flue gas known to cause CO poisoning—has without a doubt proven invaluable in heightening my awareness of conditions conducive to/indicative of incomplete combustion known to result in elevated/unsafe levels of CO in flue gas.

Make sure you also try to put it in neighboring areas to attract more people turbotenant.

Start by finding a Realtor in that area that is a top producer as they will have the connections.   

Edmond has a good school district, making it attractive for families.

They are getting a refinery up and running to produce diesel fuel.

Bruce, we can do better on the next deal$1150 on 121k is not an attractive purchase, it's good you built some equity but at this price point you missed the sweet spot for profitability.

It can be costly however, 12k-15k for typical syndication legal documentation.8-10% can be very attractive especially with a more "recession-resistant" asset such as real estate.