Of the cases pending in Lee County, there is an active case, whereby the Plaintiff is alleging approximately 5 million dollars against Blacktip, and one alleging $150,000.There may be more cases, judgments, or settlement agreements that we are unaware of.

As a result (at least in my area) most appraisers rush this process and give something like 112% value for remodel- which is utterly ludicrous, as our remodels are enormously leveraged and should give closer to 300% value.And with these ARV based DSCR programs, you need a high ARV dollar amount, or else they further drop your LTV.

If there are excess funds after paying the local/school real estate tax bill, the remainder can go to:Current real estate taxesCurrent Muncipal liens for water/sewer or any other bill initiated by the municipalityState Liens, usually for outstanding state taxes, sometimes employee/employer taxesPA State Inheritance Tax which applies to all deceased owners and starts at dollar one with no exemptions, unlike the Federal Estate Tax. 

For example, if the rent was 1000, and your total prin/int/taxes/insurance/HOA payment for that property  was 800, you would only have to carry 50 dollars a month with the rest of your income.

That is why you tend to see builders offering such a big "Builders Credit" it’s because it's "Ghost Money" it really doesn’t matter or exist to an extent.A builder can go into an area build 20-30 homes for example, buy the first 2-3 homes paying top dollar so they can set the market sales.

But when they arise, they often cost several thousand dollars or more, hence the budgeted holdbacks.

I've seen newbie owners step over dollars to pick up pennies.

It's just branches, only $5 over here in AZ.....The fine will be more....I think you're tripping  over dollars to save pennies.....

There was a case study where a GP raised a million dollars for a deal with 70% of the funds coming from his personal network. 

Here are my comments on the analysis, not the deal.We need to know the total dollars you are bringing to this deal.