@Katie Camargo   What we do as a lender on these type of deals is what we can an "as-is 2 step".

Think of it as the least expensive and most practical college degree you've ever got.

I think my first step is just to hit them back with a long list of questions trying to figure out why they are even interested and how it would make sense for them.

It takes a lot of practice and sucks in the beginning, but if you stick with it long enough and keep improving it will be worth it

The similarities are strong with the brothers with their behaviors, such as, suspending distributions to investors and other poor business practices.

If we want to hire individuals for each of the task, where do we start and what are the steps?

Here is how some steps are categorized.Performing Loan30 day lates90 day latesAssignmentNotice of Default VA loanNotice of Default FHA loanNotice of Default Conventional loanNotice of Trustee's Sale/Notice of ForeclosureLis PendensContinuation/PostponementLoan ModificationReinstatementBankruptcyAuctionReal Estate OwnedThere other possible steps, but these are what you will typically see.The key is to know what you can do in each of the steps in the state the property is in.Then you need to know what to avoid and what the options are for the owner and options available to the lender.

hope it works.. but throwing in the affordable housing requirement a lot of times kills the project right there.Also at least in markets I have worked the time lines START from completed submission.. you make your submission and then get an incomplete letter this goes on for months and months soo time lines still extend.. but at least its a step in the right direction hope if works.

One of our most trusted developers from Yucatán, Mexico, who’s been making waves with their focus on sustainable growth, innovative design, and delivering great value to investors, is taking a big step—they’re building a luxury resort in Orlando!

Inheriting it is the best option tax wise- because it gives you a step up in basis to the property's value on that date.