Now, the lender can actually go either way internally, but they can call this a commercial loan made to a business entity for business property.

Here's one with 100% financing of acquisition and repair. http://patchofland.com/investments/beautiful-suburban-georgia-rehab.html On this deal, like others, the syndicator '...has already pre-funded this opportunity with internal funds and is now offering the project...' via their web site.

I have local investors that flip to international investors.

A place the property manager could track their expenses, revenues etc...with or without payroll.

I'm looking forward to heading back up to the sunny Seattle area--I've lived up there for a couple years before and also interned in Everett last summer.

Many of these cut rate legal service types will, in my opinion, will be new attorneys, those struggling for business, intern types or old retired guys that may lend experience from 15 years ago.

Making gut decisions is a good way to end up gutted by regulators.In their (CFPB) internal manual for their enforcement examiners, not only is the existence of a written policy and procedure assumed, it is the third set of documents the examiners are directed to focus on.

I'm just concerned that they are paying to much for the revenue they are getting.They are listed at 210k each and hope to get them for 180k each and the gross revenue is currently 3,800 combined.

A judge will need some basis (other than not having breakfast that morning) for reclassifying that transaction, and at this point, the only guidelines that I've seen that distinguish a lease from an installment sale, or an operating lease from a capital lease, are those used by the Internal Revenue Service and FASB 13.

An excellent source to obtain information as well as internal control forms, spreadsheets, etc.