Defaults and Remedies A default exists under this note if (1) Borrower defaults in the payment of this note or in the performance of any obligation in any instrument securing or collateral to this note; (2) (a) Borrower or (b) any other person liable on any part of this note (an "Other Obligated Party") fails to timely pay or perform any obligation or covenant in any written agreement between Lender and Borrower or any Other Obligated Party other than as described in (1) above; (3) any representation in this note or in any other written agreement between Lender and Borrower or any Other Obligated Party is materially false when made; (4) a receiver is appointed for Borrower or an Other Obligated Party or any property on which a lien or security interest is created as security (the "Collateral Security") for any part of this note; (5) any Collateral Security is assigned for the benefit of creditors; (6) a bankruptcy or insolvency proceeding is commenced by Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; (7) (a) a bankruptcy or insolvency proceeding is commenced against Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party and (b) the proceeding continues without dismissal for sixty days, the party against whom the proceeding is commenced admits the material allegations of the petition against it, or an order for relief is entered; (8) Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party is terminated, begins to wind up its affairs, or is authorized to terminate or wind up its affairs by its governing body or persons, or any event occurs or condition exists that permits the termination or winding up of the affairs of Borrower, a partnership of which Borrower is a general partner, or an Other Obligated Party; or (9) any Collateral Security is impaired by loss, theft, damage, levy and execution, issuance of an official writ or order of seizure, or destruction, unless it is promptly replaced with collateral security of like kind and quality or restored to its former condition.

The property is in Connecticut, I live in Massachusetts and my parents are in New York.

Hi KenroyI just scheduled a networking event for real estate investors on Long Island & New York City. 

Maxmimum loan amounts for FHA are the same across the nation for the most part except for the high cost areas of the west, east coast, or specialty markets like Aspen, CO Los angeles, New York, NY, and others as they have higher limits for 1-4 unit FHA loans.

Quote from @James Wise: I've never heard of KS York so I've got no dog in that fight.

A builder’s risk policy is also worth exploring, as it can protect the property, materials, and equipment during your restoration work. 

Maturana, and I am the founder of RAPT Hospitality, a craft catering and event management company serving New York City, Miami, and Amsterdam.As I delve deeper into the real estate world, I’m eager to explore various investment strategies, including house hacking, the BRRRR method, rental properties, creative hospitality ventures, triple net investments, vacation rentals, syndications, and joint ventures.

Find out what that VA restoration will really cost youSecond, you are making a rookie mistake, one that the gurus play on to make you spend money for almost always useless sessions.

I own a 2 family home since 2016 that I have rented in Queens, New York. 

I'm working with a seller, he's disabled and the tenants stopped paying rent 2 years ago. He's paid the sheriffs office twice and they haven't got them out. Its caused him to go in to extreme debt and he just needs to...