In the meantime, just by actively viewing this site, you will start picking up on the language and how to operate things.

Well my partner at the time ( who sat on a bank board) said we need to add language in the docs that if they do call the loan and wont roll to the next year we have 36 months to wind down operations before they can do any foreclosure or put us into default.. so in 02 to 04 when i was securing these loans.. the banks were fine adding that language and who would have thunk 08 would be such a massive melt down.. 

The first red flag is that their website is very poorly written and looks similar to most of the other ones run by scammers from outside of the country who have poor command of the English language and don't know what certain terms mean in relation to real estate/lending.  

The language used by the sellers lawyer regarding these zoning issues can be found below. 

True to form, they didn't disclose they had added that language. 

The language is vague but I'm assuming our routine contributions over time would constitute towards the "repayment over 3-years."

An investor doesn't need a license though so states require it most don't, here you will also learn lot's of jargon, is like sort of moving to a new country and learning the language.

Even though the paperwork and instructions given to us from the HOA president have very specific language saying builder is responsible for these things.

I had one gal that did nothing but split payments every month we usually had about 200 loans on the books at anyone time.In Oregon fractionalized loans are a security so you need the security docs.. which as stated is a whole nother level of pain.I liked the bank LOC the best although the PG is required.. so if thats a non starter for you.. check out if you can fractionalize the debt obligation.. and then have some very good language in your debt instruments about how you handle a foreclosure.. our bank LOCs as stated above were all 5 million and up.. we could go 75% ARV on our loans bank then would loan 80% of what we loaned..

That’s why early lease termination clauses should include language that the tenant and landlord agree this is a reasonable estimate of the actual cost the landlord may incur due to early lease termination.