Is $1MM landlord insurance each sufficient or overkill?

I wouldn't have a problem doing it at all, but I certainly understand those who don't have sufficient experience with off center deals would not want to get involved.As each state began putting out their version of the SAFE Act I didn't keep up with all the variations, so it's best to check in your state law.From my last reading of the federal outlines, it appeared to me that the MLO was going to be about the same degree of difficulty as a real estate broker's license.....not much.

It is a chlorine dioxide gas - which is safe to breathe in the quantity this packet produces.  

Different banks have different overlays.Long story short: If you meed the minimum credit score and the DTI ratio criteria, you can get a mortgage (provided you have sufficient cash to cover down payments and closing and any other cash reserve the bank requires).

Marie Poe, JFYI, Secondary market, Fannie Mae will accept a professional who has verifiable employment within 90 days who has sufficient cash under certain circumstances;1.

Even if the "high end developer" used good soil placement techniques, the site could have been developed for other purposes in the past and that may not have revealed itself sufficiently duirng the due dilligence of prevouis investors.Example; Last year I consulted on a new site for a prominent car dealership that was developing a site adjacent to an existing facility.

Larry, or anyone, you can address 8 & 9 in your contracts, you might also have more of an introduction the party providing the intent letter and the address/legal, at this point the tax legal may be sufficient if it's not a lot/block and a meets and bounds, some are long. :)

Well Ade, don't know why they didn't just ask if you wanted to make a cash offer if you had sufficient funds....did you suggest it and think to refi after closing?

If the cap rate and gross revenue multipliers are sufficient for the market, we will consider it.

.- I do not need to be stressed if I have sufficient retirement funds, cash flow will be my retirement fund.Another option would be to sell everything and provide second mortgages at 12%.