They just don't seem to be as liquid as houses.

My E-mail is [email protected] live in Burlingame

The larger commercial assets are professionally managed by large PM firms so the lender cares less about your local ties and more about your liquidity versus net worth.Of course there are exceptions these are just the guidelines of what I see with clients.

I came across BP through a Google search a little more than a month ago and I've been devouring the podcasts, e-books, and blog posts ever since.  

He has already provided us with all the leases, rent roll, and Schedule E for the loan so this one seems good to go.The 6th one with the condemned unit we are going to see tomorrow.  

The current lease of the tenant expires the end of October but they moved out at the beginning of October.

I think what I failed to mention is that in its present condition my condo is in as good of condition as the one that just sold for $83k, so to me, that's $10k of "equity"...by definition if you buy any real estate at market value you start with negative equity (due to transactional costs to sell/liquidate the investment), so even if I just broke even if I had to resell, I view that as still having equity given that fact (not sure how others view that).

It is possible that your LLC could be expired.

I am in a different type with commercial and properties being in the millions to tens of millions and up.Having said that I do have characteristics I look for in  buyers.I have learned over decades which type of buyers are optimal and that I want for my business.A direct buyer with a PFS statement showing liquidity and net worth and bank statements to start.

The house1500 sq ft, 3 bed 2 bath brick, built 2005granite, tile, really nicer than what I was shooting for.Comps $150,000Current renter lease just expired going month to month.