Despite the situation seeming dire - it will always be dire for one reason or another according to actual facts or talking heads.

“They're in very severe financial straits,” said Dan Heckman, a senior fixed-income strategist in Kansas City at U.S.

We received many phone calls, voicemails, emails and texts now stating how dire it had become and we were sent a email with a photo of mold in a petri dish.

If you're looking to hire repairs and take every penny back out when you refi you'd likely have to get an even steeper discount than 30% ... and in NoCo people know the market is hot and aren't willing to part with that much equity unless the circumstances are dire and you can provide a win-win scenario (quick close if that's what they need, all cash, etc.). 

.), but it behooves you to figure out the rules first as doing it wrong can have dire consequences if the deal fails or someone wants their money back early.

I am not in the camp of a dire recession as one report predicts but I would have never predicted 2007-2009 either. 

Be aware that legal action, vacancy, and turnover cost will set you back a significant amount and being homeless is a dire consequence, so you both have motivation to make this work.For us, rent is due on the first and late on the second.

It's in dire financial condition, but hasn't closed shop yet. 

If your in dire need of refinancing in 6-12 months but are relying on the rehab to refinance the property for a conventional loan it will be difficult to rehab when tenants are present.

While the failure of a 1031 does not result in any additional penalties there are some potentially dire consequences available for fraudulently entering into a relationship with a QI.However, that being said there are some creative ways to work around the situation.1.