I've been working with a number of regional, national and international lenders with regards to purchasing their distressed commercial assets and each has a unique view of how to handle these assets.

Having a program that can edit PDF is key as each offer is unique and may require several bank addendum's.

But I figure that's his business.I set it at $18,000 so that I have some cushion on the $24,000 price.

However, have some back up savings, thinking to hold onto (security/cushion) or use majority for downpayment for another SFR investment?

However, few banks do them well - so that each card's unique number (or a portion of it) appears in the ledger of the account so you can track who made which deposit.We've been using deposit-only cards for years for those tenants who insist on paying cash - I refuse to chase them for their rent.

Multi-family is such a unique and rewarding thing.

My war zone acquisitions are sometimes 5%+ of purchase price, but there is a unique skill set that comes with managing those types of properties.

With so many people having major credit issues as a result of the financial crisis, the FICO credit reporting software, and other software used to issue credit, may need a rehaul for issuing new debt in the future.I don’t know much about how scores are calculated, given that each software program has a unique way that it calculates credit scores.

That is to the LTV, property condition, repairs required and skin in the deal to make it work, value of depreciating assets or salvage values (business loans) with an operating cushion.

Mixed use is a unique property type and reviewed different than properties that are not hybrid residential/commercial.