I prefer to have a full time admin who can send emails, mail letters, answer calls, make calls, etc, allowing me to focus on building the relationships with potential owners.

I mean ever.Yes or no, not maybes.The letter of intent basically says,Name of owners, property name, today's date, name of prospective purchaser, name of purchaser's company, intention to purchase on these terms as a principal.Purchase priceif lease with option, market rent, 12 month term with extensions, exercise price, etc.If subject to, purchase price, date of possession, date first payment, date of walk through, etc.If wraparound mortgage AITD, purchase price, note payment, interest rate, etc.

I'm calculating based on a 5 year balloon with a 30 year amortization at 6.5%.  

Hello,Last time I borrowed on a commercial property I got 5.5% with a 20 yr amo, 20% down, and 5 yr balloon.

TC,If section 8 is paying the vast majority of the rent (tenant portion only a few bucks), I will usually keep the Section 8 money and fax a letter to Section 8 telling them that the tenant hasn't paid their portion and asking them to terminate their Section 8 effective the next month.

This can be done with a good letter of approval.

I asked, asked again, begged, sent a letter, etc.I will have to tow it myself I guess...

New Construction & Substantial Rehab FinancingMulti Family RefinanceAcquisition Loans5 Million Minimum - Including Blanket MortgagesNew Construction/Substantial Rehab Insured Loan Program:90% Loan-to-CostLow, fixed interest rate 40 Year Amortization“Developer’s Fee of 10% can40 Year Term (no balloon) be used towards equity requirementNo maximum Loan Amountnon-recourseNegotiable pre-payment terms1:10 Minimum Debt Service CoverageLoan is assumableThird-party expenses and loan costs can be financedMultifamily Acquisition:85% loan-to-valueNo maximum loan amount35 year amortization Low, fixed interest rate35 year term (no balloon) non-recourse7.5% Seller promissory noteNegotiable pre-payment termsallowed for down payment1:18 Minimum Debt Service CoveragerequirementThird-party expenses and loan costscan be financedRefinance Multifamily:85% Loan-to-Valuenon-recourse35 year AmortizationNegotiable pre-payment terms35 Year Term (no balloon)1:18 Minimum Debt Service CoverageNo maximum Loan amountthird-party expenses and loan costs Low, fixed interest ratecan be financedWE REQUIRE: A Telephone Call for a Direct Connection with the Lender!

Although my credit score isn't great, I can supply a letter of reference my my bank Vice President attesting to my financial stability.I'm willing to do just about anything to make this happen.

Another option is to look into taking out ads in industry related news letters & ezines, contact directly the list owners and possibly pull off a JV with them.Sometimes there is just not a clear cut solution for some industries, thats when you really need to look at cross promotional type approaches.