Again, knowing nothing about this particular company, my bet is that type of company will require money up front just to consider whether they can help you out.  

It’s a good way to stay in the loop without micromanaging.What type of communication are you expecting from the PM?

Here's a project we sold to Taylor Morrison that will have this new type of housing.

Foreigners can only own 49% of those types of properties and there is a lot of rigamarole around it.

One thing I am curious of - typically many of the hard money lenders will charge a 1-3 year pre-payment penalty in these types of scenarios unless your client paid points to not have that pre-payment penalty.

Unless it’s specified by your loan type or lender, you don’t have to.

What type of loan is this?

I’m certain there will be some type of moratorium or intervention, but the fact of the matter is the balance sheets of impacted lenders will suffer when obligations are not paid on time.

I learned a lot about the real estate side of the project and we now have the skills to help others work through this process.What made you interested in investing in this type of deal?

Also where do you want to invest (Vancouver Island or elsewhere may be a better price point) and what type of property you want.