I'm sure there's a way -just like for any individual interested in the property- to get in position to acquire it.Seems like I'd be smart to talk to an RE atty.

It's very expensive on that side and acquiring a retail condo may be difficult to get any cashflow. 

I have not done this specifically, but have had asbestos remediation training so am familiar with the issues. 

Once the seller understood that the remedy for us was for the seller to be forced to turn the property over under Specific Performance, but also cover all attorney’s fees and court costs, they begrudgingly moved forward.

So the refinanced loan will be paying off the original loan meaning that if I put anything more that 70% of the ARV into the deal ,to acquire and rehab, I would be leaving it in the deal at the time of refinance.

I hope everything is well.You may get a lot of solicited messages as a result of you posting that you have acquired a large chunk of change.Regarding house-hacking.

The only time you should need to put electricity in your name (your business name) is when you first acquire the property. 

So are 3 bed rental was apparently used as a meth lab and now requires remediation...which consists of complete cleaning and replacement of exhaust vents and cleaning furnace.

I am trying to figure out how to structure a mortgage and with whom if I sell a multifam building and acquire several units with equal or more value and debt.

Time to time I think to myself... if I had an extra $1-2 million in cash I know exactly what I'd do (hence the private REIT idea), but I am continuing to add 3-5 properties/year with my own cashflow.I've been able to acquire all my properties based on several algorithms I've designed (I have a whole slew of formulas including my own in-house comps-calculation that identify cap rates out of the box based directly from realcomp data)...