![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2006262/small_1634087229-avatar-randalle17.jpg?twic=v1/output=image&v=2)
8 February 2024 | 3 replies
Unless it's a very poorly managed bank, there will be language in the contract preventing it from being assignable.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1334416/small_1655916269-avatar-bobw99.jpg?twic=v1/output=image&v=2)
9 February 2024 | 21 replies
Essentially everything is the same as any other loan except there is language in the promissory note that spells out how the lender will get paid based on the performance of the property and or project.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2389533/small_1689282199-avatar-kaponok.jpg?twic=v1/output=image&v=2)
6 February 2024 | 2 replies
Airbnb seems to be the only one that translates other languages for us though.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/580931/small_1626784009-avatar-leonl4.jpg?twic=v1/output=image&v=2)
6 February 2024 | 4 replies
Hey @Leon Lee, I think having that language in your lease is always a good idea.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2927769/small_1707222607-avatar-patrickl404.jpg?twic=v1/output=image&v=2)
7 February 2024 | 11 replies
I am distracted by your language and cant see your helping words.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/970661/small_1704504126-avatar-lynneg3.jpg?twic=v1/output=image&v=2)
6 February 2024 | 4 replies
Find someone who speaks the language of the father and ask them to translate for you.
6 February 2024 | 8 replies
Just be sure to have language that protects you but also making it clear of the expectations and consequences if timelines are not abided to.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/975800/small_1694801846-avatar-ryanj118.jpg?twic=v1/output=image&v=2)
7 February 2024 | 28 replies
So this legislative language needed clarity.The SJC rules that the investor would need to install sprinklers if the rehab was "so substantial that the physical structure is rendered ‘the equivalent of new construction’ i.e., in essence as good as new.”In short, there is still a lot of unknown.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2892186/small_1702144376-avatar-amandal227.jpg?twic=v1/output=image&v=2)
7 February 2024 | 19 replies
They were able to obtain a free 90 day option from you at a fast close all cash discounted price by leading you to believe that they themselves were going to be the buyer in a no hassle close, and the language of the contract was explained away as required for showing to one of their imaginary all cash investor-buyers.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2940133/small_1707166246-avatar-pedrod57.jpg?twic=v1/output=image&v=2)
5 February 2024 | 1 reply
I really just want to start learning but dont know where to go to self educate to start learning the language, strategies, and processes to start growing my knowledge so I dont sound like an idiot on the phones.