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All Forum Posts by: David Finley

David Finley has started 19 posts and replied 41 times.

Post: Would you tell your bank

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
@Jordan Moorhead it is a Mobil home park. I tried to buy it but they want more than 500k for it and it only has 55 lots. Maybe room for 3 or 4 more.

Post: Would you tell your bank

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
@Jason Collins it’s been like that since 1984 and we cross their land to get to my property a shared road.

Post: Would you tell your bank

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
@Christi Hawkins the issue is my lender is doing a refinance on the property at this time. What worries me is if I don’t tell them they will pull the note anyway.

Post: Would you tell your bank

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
The question would be would you tell your banker?

Post: Would you tell your bank

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
@Wayne Brooks my aunt and uncle are druggies and think because I have bought more that I’m rich and can offered to buy their junk for way to much money.

Post: Would you tell your bank

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
@Chris Seveney no easement ever givin. It was my dad’s townhouses and the trailer park was my grandparents he took care of it for them. My dad died and I bout them from my siblings and step mother with no easement.

Post: Investing in kentucky

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
@Chris Pittman still some deals and great areas out here.

Post: Would you tell your bank

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
I have a property that was landlocked and sewage lines crossed families property to the city. The issue the family has decided to cut my access to sewage access off and won’t even talk about turning it back on. I don’t have any savings to pay for a lawyer and I owe about 150k on the property that was just appraised for 200k. Would you tell your banker about the issue or would you just keep plugging away trying to correct it?

Post: first right of refusal

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8
No I sent him the contract he added a additional section at the end. I signed it not reading the original pages. Did not think he would add anything he never mentioned adding it.

Post: first right of refusal

David FinleyPosted
  • Investor
  • London, KY
  • Posts 41
  • Votes 8

I have a question. I have a tenet on a commercial property that added a first right of refusal on the lease for another building on the property but only half of the building.  We signed the lease without noticing the additional item that he put in.  Nothing was discussed on having the first right of that additional building just an additional office in his current building. We have rented out the other building the tenets rented the whole building not half and he has came back saying he wants the first right to refuse on that other building. The question is does anyone have any experience on first rights of refusal and don't it apply to like to like or the terms that are set out in the process? Also I know that I should had read the lease again but since it is clearly additional item would you think I could easily fight that in court since it is not initialed.