Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.

Here's the breakdown:Financing: We used a seller carry deal with 25% down ($100k), a 30-year term (balloon in 10 years), and a 4.68% interest rate.

In our market it is important to make sure they are a licensed broker, carry adequate GL and worker's comp (and name you as additional insured).  

As for holding a home and building another one - be sure to include carrying costs of the first home while building the second.  

What kind of insurance do you carry? 

I think the removal of toilet seat and items bolted to the walls show malicious intent as well.

TIC in this case is virtually synonymous with coop.finance items- There are several ways to finance TICs – group loans and fractional loans are the most common. - Fractional TIC loan: you can now own a unit in a building that isn’t classified as a condominium, yet from a financing perspective, will feel that way.

So sad...... what is scary too is they only have them 10-20% contained and they are expected to get high winds again which can carry those embers pretty far. you also have to think these fire fighters etc. have been working around the clock and must be exhausted.

We forbid TV mounts, shelves, or items that require bolts, anchors, screws, or large nails.

By the time you factor in insurance and any cap ex....it's already a loser...even if you aren't carrying a mortgage.