I'd ONLY by this building for 25-30k, and it'll cost me about 30-40k to get it in a respectable condition.The Pro's: 1.

Respectfully, Chris

If the Buyer is unable to obtain the above mentioned mortgage, he will notify the Seller and Broker (s), in writing, on or before and the deposit will be returned to the Buyer and this agreement will become null and void with respect to all parties. 7.Lead Paint: BUYER acknowledges receipt of the Department of Public Health Property Transfer Notification and understands the SELLERS make no representation or warranty, express or implied, as the lead paint content of the property.

Each state varies with respect to the interest rate and redemption period.

There are many highly respectable, accomplished real estate agents with both good business and sales skills.

Among many topics, he wanted to emphasize that renting isnt always easy--people leave in the middle of the night and in this case it was believed that the tenant purposely set the place on fire when the owner just spent thousands of dollars on it last summer remodeling it.

You have a Series LLC in Texas which will be as efficient in every respect to sepearte entities and would be easier to manage, provide accounting for and simplify moving a property from one aspect of your business to another without having to do title filings....in other words life would be much easier.Next, there is extreme, over the top paranoia with investors about liability.

Multiply the risk of doing a residential deal by 10 with respect to commercial properties.

When he showed me that property I could have just contacted the seller myself but I respected him and his need to make a reasonable profit.

Joel Owens,While I have your attention, I'd like to clarify a couple of things with respect to commercial lending.