Make sure you check this aspect out before filing a claim.

We are looking to develop 10 (3 unit) multi family buildings on the land, I own a construction company so I'll manage every aspect of the project and finance it.I am having a hard time structuring a deal like this, that works for everyone. 

The more people you meet, the more stories you hear, the more you start to get an idea of what aspect in real estate you are drawn to. 

My investment strategy revolves around viewing cash flow as a tool to build reserves for both short and long-term capital expenditures.One key aspect of wealth accumulation in real estate, as you rightly mentioned, is the gradual reduction of your principal mortgage balance by others and the accrual of forced equity and natural equity through market appreciation.I operate Elevation Appraisal in the valley and serve as an agent with Windermere Bozeman.

Another aspect is to invest in a high crime area that will appreciate in value. 

SOOO many of you come here with mere opinion, and what they are telling you makes ZERO sense, so many of you are failing misserably at this... and NO ONE questions those opinions and everyone readily accepts them, votes for them and tries them...Then someone comes along with actual proof and logic, intelligence and common sense.. and HE gets the doubt, the skeptism, the resistance, the challenging remarks and the disbelieve.It is truly fascinating to me.People make decisions based on emotion, ego, stubbornness  and habit... not on facts, data, evidence, or intelligence. 

Here's why:Positive Aspects of Petersburg:Affordability: Compared to California, Petersburg boasts significantly lower median home prices.

This often involves setting up an escrow service to handle these aspects securely.Professional Inspection and Repair Agreement: Beyond basic inspections, consider a detailed agreement on how repairs identified during inspections will be handled, including who will pay for them and timelines for completion.Involving professionals like attorneys and notaries is essential to ensure that the transaction adheres to legal standards and that all documents are correctly executed Great Job - this will help many people get started in this space.Cheers,KC

Some larger broker outlets will give the option to have the loan processed and underwritten with them but this isn't the norm (UWM comes to mind as a big lender who now gives the broker this option of taking care of all of the processing or certain aspects of the processing which they call "processor assist" - this is fairly unique as far as I'm aware however).There are so many little variables to every situation but generally speaking, if an MLO is skipping over the spot where his/her license hangs and taking a deal somewhere direct, there wouldn't be a compliant way to pay the MLO.  

Yes, I worked with Curbio for the renovation aspects and Angela Mann Thomas as my real estate agent.