In addition, using personal property financing is cheaper and less of a down payment.

In running my own volume rehab business (in addition to funding other people's deals), there is one thing I always want to get from the visitors at houses of mine that are on the market, and that is feedback.

Sometimes, who cares, I just let it go.Kind of like those slimy private lender's that in addition to points charge underwriting fee, doc prep fee, origination fee, loan discount fee, appraisal fee, credit report fee, lender's inspection fee, tax service fee, processing fee, wire transfer fee and 'other'.

@Roy Gutierrez Would it be less expensive to turn the downstairs bedrooms into a larger master bedroom and a small 2nd bedroom, then convert the bungalow portion into one or two additional bedrooms?

Has land / lots to add additional 8 units.

It has the 4 upper 2/1 unit's rented with the 2 lower 1/1 unit's vacant.The reason for the 2 vacancy's, is a Multi Family Parking Ordinance that states, "One parking space for each unit and an additional space for each bedroom".

They add up to 35% in additional operating expenses - I don't know if I'll be able to find any cashflowing properties in my market (New York, CT, NJ) due to price of real estate when factoring in that extra 35% - maybe I'm just not looking hard enough, or in the right areas.

It might be cheaper than arguing and paying the attorney additional fees, holding up settlement and fighting over it.I'll bet the contract and norm is to transfer marketable title, insured title, unless stipulated in the contract, if this is a last minute issue I'd guess it's just the attorney, seeing if he can get away with it in representing his client.There is also another issue so far as financing, if your friend is obtaining a loan the lender will require a GWD being insurable as well, exceptions are made for institutional lenders selling as the property is sold by a corporate body arising out of a foreclosure, a different issue than buying from an individual.Make it a lending requirement for settlement and that SWD may go away.But, ask, are there any exceptions being made and why?

Additionally, I'm a realtor so the commission is an added bonus once the sale is completed.

Additionally, we will put 100 dollars away per month in escrow until we use the option to purchase.