Hi BP Community,I was hoping to ask for individuals to share their experiences various systems / software used to run a Brokerage / Real Estate Business.

In that case, you would have to consider HELOC or cash-out refi on your other real estate assets or gather the cash from individual partner/JV investors.Regarding your offer price, 20% haircut would be a pretty low offer for only being on the market 60 days and it's close to turnkey.

I think most of my pause comes from the fact that I'd be buying the commercial property as an LLC, not as an individual.  

What I  mean by 'true' -  is the property is held free and clear with no liens and close at the title company (title transfer into your name), etc (just like a normal bank financing, but held by a private individual).  

This individual is selling houses below market value, and if the advertised gross monthly rent is accurate they would be a great deal!

Once the property is under contract I can have the property inspected and I then use the more accurate method of individual CapEx item evaluation.  

That closes the loophole on unlicensed individuals using contracts to broker RE.

So I suppose it depends on the balance of each individual lien to see what we could work out.

We flipped a house out in IL (I live in CA), and it's not selling right now. We don't want to lose money on the house, so we're considering turning it into a lease option. We have a HML for the property right now and ...

It all depends on the individual and their amount of motivation.