All Forum Posts by: Anwar Shabazz

Need someone good and professional

I am going there the same thing.   What did you end up doing?https://www.biggerpockets.com/users/kilroywashere

My attorney suggested us to get the permit and then make an affidavit telling the city we will do the work exactly as stated on the permit.   The problem is my architect put all these extra things he put on the plans the will require me to do work that wasn't even on the violations.  

My brother built an addition without permits and they want to put steal beams and posts all over the building.  I have no money and I don't know what to do.  

Do I have to do exactly what my architect drew up?

 They gave me 40 violations and I have cured 30 of them.  I have 10 more left and these are building without permits and a staircase code that needs a landing.  

I already hired an attorney months ago and he suggested the subordination agreement, but the title company invested that the case be dismissed.  

This is a great topic.  I bought my commercial property in 2006. Lehman Brothers financed me with stated income.  Because of the crash, I filed bankruptcy in 2010, but always kept my payments up.  I've been trying to refinance and nobody wanted to touch it because of my bk.  It appraised at 850k and that's the only reason I was approved for a 450 k refi.  The reason the value increased was because of me upgrading my building all those years and the market getting better, my propertty is also in a great neighborhood.

Unfortunately now I have some  violations on the building and loan can't be funded until they are fixed.  Anyone have suggestions on getting funding with violations on the property?

I really appreciate any help with this, I was really anticipating this loan to close this week so I really appreciate anyone's advice.  Thank you so much in advance.  

I started working on a refinance in September of this year for my commercial property.  I was hit with several building violations the next month. With that said, I went to court and cooperated with the city and agreed to make repairs due to the building being 100 years old. I got approved for the loan last month and I have a closing date scheduled for next week and my lender told me when she pulled title, the city's court hearing showed up with the violations, but since we are curing all violations, there is no dollar amount on the title, so my lender can't lend to me. 

I'm sure I am not the only person who refinanced with violations on the property.   What options do I have if I want to get this loan to close?

I am a business owner more than I am a real estate investor.  I currently own an owner occupied commercial property and i and am also in the middle of purchasing my second investment property. Im looking to see what kind of investors are out there.