Joel Owens - I like the idea of a non-refundable deposit held by my attorney and being released after the buyer is satisfied with the inspection.

But in hard money land, good deals are not that easy to come by, and if the borrower is paying as agreed and the project is progressing as planned, there is seldom a good reason that he/she wouldn't extend the note.

Run the roof further out, extend the pool apron out to the patio under roof in front of the bar.

Yes I think I have over extended my kindness, as He is my husbands x brother inlaw.

The BiggerPockets.com community have been doing wonders in this regard - especially with the podcasts and articles.My new goal regarding asset classes is to branch out into multifamily units for the extended control of value and economies of scale of expenses that this asset class affords.

And if I bought well enough, they would roll purchase price, rehab and 6 months payments into that loan and keep it in escrow, released as necessary.Those lenders got stuck with a lot of inventory after the downturn and aren't lending any longer that way.I think it all depends on your local market and what different people perceive as a risk or not and what they see their competition doing.

As a personal reason, it allows my children's tablets to access the internet while on road trips which significantly cuts down on the "Are we there yet?"

Big government projects like airports can take years longer than anticipated.It is not uncommon to see investors who think they have gotten in early and picked up a huge deal run out of money as the development they were counting on near their property takes way longer to happen then they thought.The DRI process alone can take years and it only takes a small group of citizens or an environmental group to bog this down even longer.I'd pursue option contracts with clear language to extend the option for many years in situations like this.

Russell Federal Building that extended into a seventh week.

This would free you of financial responsibility and release them as you manager.