They keep giving me fake dates through the whole month of February when I would be clear to close.

Therefore the concern I have is people are giving them their money and they are giving dated and unrealistic advice.

If you believe you will be financially ready to build a year from now, perhaps you enter into a lengthier contract where you can obtain all of your building approvals and then settle at a later date.

I used an attorney to file for eviction and we had the court date towards the end of October.

When an owner passes away, the property’s tax basis is reset to its fair market value on the date of death (this is known as the “step-up basis”).

I suggest pegging a date, somewhere in Feb..

In essence, they hand-hold you through on how to do two things:  First, find and tie up a select vacant commercial property, then Second get a prospective tenant who would agree to move into that subject property at a future date. 

It has not been an easy process for them and has taken a lot longer than the anticipated dates.

The lender will not require any of the anticipated interest payments on date of origination and borrower will have lower cash to close requirement, although $15K in interest payments will be required to service loan through duration of project.Loan B: Lender requires $15K interest reserve funded by borrower at settlement.

They missed the promised start date on the project by almost two months causing a cascading failure on dates since it was the roof, there were interior things, other dependencies that we couldn't do until the roof was finished.