(This allows us time to raise rents plus appreciation over 5 years to then do a portfolio refinance to pay back the line of credit). 

It is proven high end and has some of the best views - it's truly a rare opportunity as developable land disappears quicklyIt's 8 prime lots (around $1m a piece) and half are multi family (2 duplex and 2 triplex). 

Do you know have a real estate attorney ?

Most DSCR lenders will not negotiate their rates since they have end investors to answer to, especially if it is your first transaction with that lender.

A bankruptcy hurts a credit score obviously but it's been long enough that it's highly possible he has built the score back up above 620.

Thanks Michael, I already figured it out and I’m officially a new Pro member

If you don't want to deal with the first tenant, you can do a really large deposit and try to get it delivered vacant, but it is a big risk for the current owner in case you back out of the deal.

Not sure what I should do now to get her out of the property - this is in Florida.

They ALL can, do, & have worked for many different types of investors.

How did you find this deal and how did you negotiate it?