I have submitted a rebuttal and will see what happens. i am honestly not that optimistic but based on some responses on this post, it is not impossible.

@Bruce Lynn, while I am guessing because I don't know "most" large multifamily, I would say it is very much manager dependent and likely to become more common place as many syndicators are struggling to make their mortgage payments.Ownership companies are still run by people, and people that don't have enough money to pay their bills will start prioritizing who to pay based on the perceived risks of not paying.As for taking over any outstanding bills, that is one of many issues of the common LLC transfer.  

The drawback you have to fit "in the box"; 20% down +, excessive reserves requirement, specific restrictions on tradelines, assets guidelines, DTI under 43%, owner occupancy etc.. if you are open to ARMs you will have a bit more options..Also need to consider the type of property - if condo/condotel banks might not finance at all.. there are many factors to consider we do have some good outlets for jumbo, would be happy to review your scenario and give you a quote.

Hello BP Community!

Wanted to ask the BP community for feedback at my current state and goal. Currently I have a NYC investment property still under mortgage but have roughly 25% equity and roughly around $450k in ...

If gold from the us mint is accepted as legal tender, is it at face value or is it based on spot price (daily gold price)?

https://www.homedepot.com/p/GE-4-2-cu-ft-White-Commercial-To...Looking at option to purchase laundry machines for a multifamily building rather than leasing them through a company.

I think that it's pretty common that contract for deed is low downpayment, no credit check, and that owner financing is higher downpayment, more vetting of the buyer.Yes, going traditional financing was an option.

They negotiate these claims based on who did what. 

There are great agencies out there that let you keep 100% commission and you may have a nominal monthly fee based on your commission.

Based on my post, they can see that I am new to this and might need guidance.