ive got a potential seller with an existing mortgage left over of 190k an the home arv is abt 310k how would i go about my offer price formula with the existing mortgage? 

If you are just getting started in multifamily real estate investing (perhaps making the jump from SFR – single family rentals – or flipping) – make sure you are well prepared if you jump “up the ladder” too quickly – the world of 2-10 unit multifamily investing can offer a great “bridge” between SFR and Multifamily for any budding real estate investor.

Welcome to the site @Lacy Carey!

We have a older TOH park and getting big offers from hotel chains to buy, close and redevelop. 

You need to keep track 100% and not give the owner any grief about a PM contract in place that prohibits a different agent from selling the property while you have the PM agreement.I also want to see that you offer compensation to tenant representation in case I have tenants for your properties. 

The LLC offers no advantage here so forget it.

This is a site for homes listed on the Multiple Listing Service (MLS) for every market in the US.

For example, a home equity line of credit (HELOC) might offer a more flexible solution to fund the repair without the commitment of a second mortgage.

Spend a lot of time on google and youtube to determine what type of offering/company you want to setup and how you want it structured.

@Ashish D.Data is not 100% accurate but no site will be.