The cost numbers are generated by the state and is updated monthly in the program, as the costs of materials change frequently.

I see no value in terms of this being competitive with whats already out there today (i.e. local banks doing commercial loans).There are too many organizational changes that you need to create and maintain and way too many financial downsides to this program as well.If it didn't have blackstone's name associated with it, I'd actually go as far as saying it was a completely joke.

Hi Anna,I have been looking at her program. As

I called VRM and they confirmed that they are the new lender on this program. As

I have an out of state owner client that purchased a condo with the HomeShield program. A

My web address goes on all of my bandit signs, direct mail campaigns and classified ads.There are other software solutions out there (realeflow) you can use or you can pay a web designer to program a custom one for you.Btw, if you are the same Mike who emailed me, I tried to respond but my email got bounced back to me.

I've been working on getting a contract on a vacant parcel to build a spec on and randomly the bank ( BOA ) decided to pull the property and put it into their community initiative program. As

An existing multi-unit dwelling could be decreased to a one- to four-family unit.An existing house (or modular unit) on another site can be moved onto the mortgaged property; however, release of loan proceeds for the existing structure on the non-mortgaged property is not allowed until the new foundation has been properly inspected and the dwelling has been properly placed and secured to the new foundation.A 203(k) mortgage may be originated on a "mixed use" residential property provided: (1) The property has no greater than 25 percent (for a one story building); 33 percent (for a three story building); and 49 percent (for a two story building) of its floor area used for commercial (storefront) purposes; (2) the commercial use will not affect the health and safety of the occupants of the residential property; and (3) the rehabilitation funds will only be used for the residential functions of the dwelling and areas used to access the residential part of the property.Condominium Unit The Department also permits Section 203(k) mortgages to be used for individual units in condominium projects that have been approved by FHA, the Department of Veterans Affairs, or are acceptable to FNMA under the guidelines listed below.The 203(k) program was not intended to be a project mortgage insurance program, as large scale development has considerably more risk than individual single-family mortgage insurance.

BLAST" program "A" sells to "B" and "B" sells to "C""A" - Seller"B" - Investor"C"- End BuyerTwo transactions A to B and B to C

I'm looking at this same program. A