All Forum Posts by: Drew Fein

@Account Closed Adverse possession could apply; otherwise there's a legal concept called acquiescence in Colorado.  Just to note, most title policies exclude such issues.

@Oliver Fisher, sorry to hear about your grandmother; I hope she's alright. You are correct: you either need to (a) find a transactional lender or other source of funds to close or (b) keep assigning deals until you have said funds. Best of luck! 

Thanks for the shout out, @Matt M.!  @Oliver Fisher, double closings aren't illegal in CO, it's just that no one in town seems to do them without you putting up the funds. 

Welcome to BP, @Matt Giannino!  Definitely check out the Bigger Pockets monthly meetups - www.biggerpockets.com/events. 

@Tony SanFilippo, FYI, in most of the Denver Metro Area, this arrangement would violate zoning ordinances by exceeding occupancy limits.  In Denver for example, only two unrelated persons may reside together unless you get a permit for a third from the city.  

I like all of @Dan Mackin's suggestions, particularly "Not Quite Denver REI." I'd throw in SoDe-termined Investor Group (get it? SoDe = South Denver). Lame, I know... :)

Thanks for the shout outs, @Daniel Hyman and @Jay Jasunas!  I appreciate your confidence in me.  @Chad G., I would be happy to speak with you about entity structuring. 

Thanks for the shout out, @Matt M.!  @John Samuelson, I'd be happy to speak with you to see if we're a good fit.

@Bryan O. and @Garry C., thanks for orchestrating!  I hope to make it out to one soon.