Some people are just not willing to take risks with leverage - and I think that is fine.

I appreciate the input Danielle ...I see some of these virtual mailbox companies have an app and you can see what mail has been received on the app, while others allow mail forwarding ... are you utilizing any of this or just using the physical address for your LLC paperwork to be delivered?   

There are exceptions - some properties are set up such that installing a few electric baseboard heaters might be possible to save on the gas bill - but i would still just shy away if not metered separately at the outset.  10) do shop for a lender and compare (usually pretty standard but there can be some fluctuation) - dont fall for the ones that sound too good to be true - there are gimmicks out there - big bank or reputable broker should do you fine.  

Now that the 90 day deadline has expired and we haven’t received certified equity nor an update informing note holders of their status, concern is definitely growing. 

I also am fine closing my purchase in cash, and refinancing shortly thereafter (or even down the road in 6-12 months).So for my questions:1) I've spoken with some mortgage brokers- they all seem to charge a lot of upfronts and are telling me I need to do a DSCR loan.

Quote from @Rich Thomas: You should have received documentation about the HOA board when you purchased.

I am spontaneous and flexible so I usually fare well but one of my business partners has 3 kids so needs to go specific places and specific times and the rewards he gets if any are def subpar.And for a total coincidence, I received 7 emails from Delta just now, thanking me for my award redemption and sending my a bunch of ticket info.

If you go to my profile and scroll to the bottom to my recent forum activity, you can click on my recent post and read the replies I received so far.

I'm sure the company is fine and want to give them the benefit of the doubt.

- **Equity Stake**: In certain cases, a developer might receive equity in the project (such as a portion of the profits), which might be higher if they are taking on more risk or responsibility.### 2. **33% of Gross Revenue** - This is on the higher end of compensation for land development.