You should fire them right away and talk to an attorney to prevent the loss, but I wouldn't expect much and it could be a waste since a company that does this will not have the money to do anything.When you have just one unit and you are looking for PM companies, your options are the bottom of the barrel because it's not a good use of the big one's time.

My actual experience has been very varied.  

What can go wrong, how to prevent those things from going wrong in a JV and tips for ways to solve those problems when they do go wrong.As a JV money partner, those are the most important issues.

You have NO leverage, no matter what he builds or does not build, except for the developer saving some money in legal fees and cutting down on mesne profits damages.

Hello Lenders,I am a private money lender.My question is---When does the seasoning period start?  

Personally I like to build with cash to avoid the extra expenses, so I dont actually finance anything until its done and I have decided to hold it.

I figured why not just use a banks money instead of using a customers money and not have to deal with picky customers.

Hard Money then refinance traditional residential after renovated.

I guess I could work harder and get more money, but what for?

This practice also frees up more money for lenders to use to fund additional mortgages.In "non-conforming loan" world, anything goes.