Just be fair and everyone should get their way :) (Also ask your bank how they deal with seller seconds... make sure it will work your way in advance.)Cliffs notes: LOLGet the seller's reason for selling.

They just started a new product for commercial properties that you can get a line of credit (second mortgage) with stated income and no appraisal.

There is 4 vacant lots all together and my client is buying the second and fourth lot.

So, how much does it cost to hire a real estate agent, and the second question I have is can someone sell their home without a real estate agent?

I have done one deal similar to that and for some reason the person that was doing the second assignment was paid as a consulting fee on the HUD 1.

Second, with the worst case scenario that I have to rehab it myself and still can make my minimum rehab profit.

After that it will quickly become second nature.

As he lives 2K miles away I knew he wouldn't be second guessing paint color choices, but also wouldn't be around to help paint.

Is there anyway to take out a second mortgage on a hotel property in addition to an inital loan in order to acquire it?

Yeah I was one of them viewing it, so I'll jump in now.Once you have a second contract signed with the buyer on a double close or have an assignment of contract signed with the buyer on an assignment, then, yes, most oftenly all you do is wait for closing.