All Forum Posts by: Chris Cambridge

I'm looking for a good title company for Charlotte, NC any recommendations?

Need to pull title on SFR's.

I think you should leverage to help build credit and spread the risk. This would leave you with cash and reserves for the take out lender to feel confident about transaction. Then you should refi out and cashout.

Hey Erica the advice given above is accurate. Some variations exist depending on property type and the info you posted makes it look like a solid deal but here's the MILLION DOLLAR question..... 

How much CASH do you have to put into the deal?

Hey Johanna I may be able to help. Shoot me an email or give a jingle tomorrow to add details. 

Dam Dam Dam!!! Just to chime in here. I don't think you will get back $41K if you sign a Refund Agreement. They may want to charge the processing fees plus some percent (unjustly prorated) after the 3 day right of refusal. ex. $8K for the next xx months of service which is prepaid and nonrefundable. From the vendor's perspective they get hit with merchant processing fees regardless. Adding to that it seems as though someone already hightailed it out of Dodge with the first $4500. Just be careful what you sign. 

Next bet prove that the consumer (thyself) was misled and continue to document, not just rant here, the events as they occur. Remember you already signed an agreement and knowingly gave consent to be charged. Be prepared for litigation. Print email & text, note phone correspondence. 

Third option.... Sigh, and recant this for the next 10 years as to why you failed in your pursuits if this doesn't work out. 

Fourth option..... Move On.

I think that number is wrong Nate.

This is helpful, Thanks!

Kevin I believe the handbook may be a good guide for making clear the land use on the property you are looking at. For any variances to use you need to hop the train and go get approvals if engaging a consultant is not on the table now. Get the gist right! After they slap you around a bit and you're still standing a world of possibilities might open up before your eyes. If projects are being done in the same area just go ask developer or owner, How'd you do that?

Chris