When conducting an acquisition of multifamily real estate you will be using leverage from a commercial lending institution.

It is not alot but appraisal conducted two weeks ago on land only without the home came to a bit over $200K.

I agree it's in everyone's interest to conduct business ethically, especially when dealing with sellers who are usually distressed emotionally as well as financially.While I can appreciate your position on the need to maintain control of complex transactions by using a C&D letter, I think it may raise an unintentional red flag... signalling the lender that the mortgagor is refusing contact... whether this is the case, or not.I encourage the homeowner to accept all calls from the lender, and repeat the same message: I can't afford the house, I need to sell, but owe more than its worth.

I am not from PA, but have been doing some research and have some questions...Please Help:1-In conducting comparables and so on, how accurate are zillow, truilla, epraisal, etc..in their estimates of the property value and so on?

Would you recommend I hire out and conduct my own well inspection, or is a "certification of proper welling" from the developer suitable to cover my behind in case of future problems?

Conduct market research, get pre-approved for a mortgage, define property criteria, and use analysis tools.

Regular inspections are crucial to maintain the property’s condition; aim to visit at least quarterly if possible, or hire a property manager to conduct these inspections for you.

I've never participated in a short sale auction, but I'm sure it's being conducted the same way as an REO auction, and it's a waste of time.

A salesperson may own the firm but the business must be conducted through the salesperson's sponsoring broker.Q: I signed a Property Management Agreement and do not understand some of the terms.

Find a legal way to conduct your business.