You may want to explore "de-unit"ing the garage prior the appraisal.To answer your original question, like Ryan pointed out the ROI on this rate buy-down isn't bad at all. 

not to mention the drive from PA to DE back and forth everyday.

We just hear about cinco de mayo, and flag difficulties, but there is a whole lot going on under the surface and under our noses.

@Ruan De Nysschen From your posts above, I'm assuming the bank doesn't own the property since the property is in default.

@Wendell De Guzman....thanks for your reply#1--> I asked around several banks....most of them are not giving HELOC or first mortgages to LLC's newer than 2 years old ( even harder if is an investment property)#2 --> How do you find this kind of deals?

Need recs/refs for an agent (preferably with experience in MFs) and a contractor in delaware county (delco) PA.Have an associate looking to buy an owner occupied 4plex in the area.Thanks in advance.

Could this be de minims?

Originally posted by @Jorge De Jesus:Originally posted by @Marie W.

This topic interests me as well because I'm Inc. in Delaware but there's a ton of info I didn't know prior to Inc. and I'm sure there's a heck of a lot more info.

@Jorge De Jesus the odds you get paid from this are pretty small