Once an offer is made on a shortsale, you will typically need to present the sellers financials and a proposed HUD-1.

Then what you propose is that the seller of the building carry a second mortgage in the amount of 25%.

Regarding the lease, I as landlord favor giving my version of the proposed lease to the tenant first, even if it is a national tenant.

It does not look promising for us in California...Especially L.A County sales tax 8.25 current sales tax (L.A) 0.50 measure R passed 1.25 Governer's new proposed increase So it looks like our sales tax will be at 10 percent as people are starting to lose their jobs and a bad business enviroment get even worse.

Because each of the proposed programs included in the bailout would take many months to be implemented, it is reasonable to assume that the implied urgency of the proposed solution was actually intended to simply postpone the fall of investor confidence as opposed to carrying out any immediate financial transactions.

If we get a little more protection like San Diego's proposed "foreclosure sanctuary" (i.e., "no more loans"), we'll still be working off the backlog in 2013 or 2014.

Following Wheaties' advice, I got a proposal for a 90 day contract: selling in 90 days about 10,000 less than sales in 111 days.More agents to talk with...

Georgia for example has legalized pooling capital together for non-accredited investors.Title III of the JOBS act has been proposed, but not finalized yet.

A contractor evaluated the property with me, and walked around talking about the proposed improvements.I have not yet committed to any contractor for this.

However, I would like to correlate this to a specific recently sold properties and thought there are independent sources of such information, like for SFR's on MLS.I would appreciated a feedback on the proposed deal:Sale Price $980,00Price Per Unit $35,00Price Per Foot $41.26CAP Rate 7.1%GRM 4.86xBuilding Size 23,750 SF Lot Size 43,124 s.f.Year Built 1969City Desoto TXGross Scheduled Income $201,424Other Income 703Total Scheduled Income 202,127Vacancy Cost (28,610)Gross Income 173,517Operating Expenses (103,682)Net Operating Income $69,836 Feedback would be greatly apreciated