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This is his last option, all others have been exhausted.I threw up the web site the company I work with has, haven't really even looked at it, but from what I've seen the loan programs look pretty cool.

You would end up needing to secure the note with a personal signature.

But a buddy of mine has done this for the last six years like clockwork. 24 months and on to the next house.A little caution on starting a rehab with little secured funding.

Do you have a contract in place to secure 3%?

Then you are a creditor secured by a lien on the property.The person owing the money could also try to work out a settlement where they make a partial payment in agreement to have the lien released from one property.

What are the best websites to search for Commercial Properties, esp apartment comlpexes?

Thanks,
Josh

Just surf'n the web and found this place.

Can't honestly say that I've studied any of the material as of late.Anyway, I have about 110K in equity in my house, just secured a line of credit for 90K and I have a credit score between 710 and 800.I have a GREAT handyman/carpenter lined up and he has an outstanding work ethic.

This includes Security deposit handling and inventory/condition documentation.