All Forum Posts by: William Cavalier

Might try a tiny house forum or blog such as this one:  http://www.livingbiginatinyhouse.com/tiny-house-fo...

Good luck.

Bottom line:  Debt incurred in anticipation of a bankruptcy filing is not dischargeable.  

So, AFTER the bankruptcy, those debts remain.  It is only right.

William Cavalier, Attorney at Law

You need a lawyer.  Call George Flint Esq. in Dallas.  (The Flint Law Firm - see internet).  Very well respected.  He also owns a title company so he gets real estate.    Don't hesitate or blink at any necessary costs.  You are about to have bigger problems.

How about a JV with a tiny house builder. Buy a few units at their cost, rent them out and become an area dealer of the tiny houses. Sort of a bed & breakfast idea with two sources of cash flow. This also has the advantage that there is minimal development cost.

Please include me in the Meetup!   I live right near Park & Preston so I can't emphasize 

Please include me in the Meetup!   I live right near Park & Preston so I can't emphasize enough how well chosen that location is!!!

Contract forms and other necessary evils

I'm a member of the California Bar (based in God Bless Texas) but not offering legal advice here - just a word to the wise.  

Use an American Arbitration Association arbitration clause in any contract you use.  I use a binding arbitration clause with each party to bear their own costs.  That way a financially stronger party can't crush the weaker party in seeking "justice".

Lawsuits, disagreements, kerfuffles or whatever you want to call them are life sucking experiences with no winners.  Be nice.  Give the benefit of the doubt.  Walk away.  All tactics to save time & money.

If this advice seems unprofessional you can send me a $10,000 retainer (first of many) and we'll go fight the bad guys, win justice and protect the American Way!!!

Bill

Sean,

Feel free to reach out to me if your clients need construction financing for multifamily in San Antonio, Austin or Houston.  Bill

I'm in touch with sources of lines of credit but they suitable for more experienced fix & flip or rental investors.  Start at $1 million.  Bill

Keep in mind, depending on a variety of facts, you may have to comply with the Patriot Act when wiring that money.  Be sure to come to grips with those requirements before you get under contract.  Don't want to miss any deadlines.  Bill (Esq.)