I've heard of people having the funds within a day or two of applying.The loan is direct deposited into your checking account and can be used pretty much however you see fit.

It looks like they have failed to make payments since April (we have been paying rent on time, auto-withdrawn from bank account).Ideally:  I'd like to have the loan/trustee waive all fees and interest, potentially lower the asking price ($10,000 discount on a $160,000 outstanding balance of a home that would likely appraise for $185,000) and we'd immediately go through the purchase process as is.Do I need to bring the Trustee into the discussion with the owner at the same time to make this deal go through?

There's no set percentage, but ideally under 30%.

Ideally before even getting estimates.  

There is some overlap with Cheyenne so there may be some folks there that could point you in the right direction.

I’m pretty familiar with the area as I used to drive for a living for a long-time in the medical field and I’m just a naturally curious person.We’re also looking for Hard Money lenders if there are any fellow Arizonans out there that can point us in the right direction about said lenders we would really appreciate it!

You might check out Podcast #60 or check with @Dave Van Horn directly if that doesn't answer your question

Hi, Can anyone direct me to where I may find a business plan sample or template for investing in multifamily units and apartment buildings?  

It depends on what your policy states.Most of my clients who have had total losses(max policy payout) will get paid directly and general contract the rehab or sell as is.  

@Jessica HuntIf you are a regular "employee" of the business then you do not need a license.However, doesn't mean you won't run into any issues.Property management has a lot of risk when it comes to things like fair housing laws, which is why you normally have to be broker or be a salesperson under direct supervision of a broker.