No chance of a short as these things are so leveraged that it would be hard to cut one out of the group.

Any leinholder after the owner that passes on their chance to redeem the property is wiped out.

brainfreeze,Chances are that the bank will never even know that you've bought the property.

My thoughts (and I am new, so who knows if this is a good idea, legal, etc.) would be to have them sign a new lease with me (and MY conditions) and at the same time extending their term giving me a good chance at a solid year of no vacancy.

Not a chance in hell.

There could be other surprises for a lender so why take the chance.2.

CAP rate for similar properties in the area.With those two numbers you stand a chance to see how well the price stacks up compared to the area.There is lots more to know before deciding the price is right.

Include a bit about yourself and your track record.If you can demonstrate that you have the experience to get the job done and you have a good handle on the number then you stand a better chance.

Our information is spelled out on the site please do not misinterpret it and change it around to benefit your cause but rather clue in everyone on entirety of the message instead of trying to pick something that works for you and everyone else.The rule of thumb is that the longer the item has been on your report the most likely chance is that it will be removed.

Would you by chance happen to know of any banks in that area that are good for commerical loans, or know which lawyers to stay away from?