@Timothy Carlin holding title in an LLC does not release you from liability associated with rental property...I'm really not sure why we all do this, but an insurance rider or umbrella policy is a better way to go.

Great question @James LaRocque, and welcome to one of the fun (an often unexpected) occurrences that happen when you are a note investor.The main point is that you work closely with your servicer in the coming weeks to coordinate all of the details.First, you should check the payoff quote to make sure that the numbers agree with your own expectations, and that any outstanding charges such as legal costs or advances that the lender has incurred, are included.Get clear on how the funds will be received by the servicer and disbursed to the lender, and timeframes for this.Will the lender or the servicer be issuing the satisfaction/release of mortgage, and who will handle getting it recorded?

At my company, we commonly will follow that up with a call to the adjuster on the claim to ensure they received the invoice and released depreciation.

I did find this form https://www.revenue.pa.gov/For... for a release of line but no details on how it works.

.$149k needed to close, less $123,400 net loan at closing = $25,600 cash needed at closing.Additional cash needed of course to pay part of rehab costs before draws are released, your 2 points on the rehab money, $1200-$1500/mo loan interest, insurance, utilities, etc.

Beyond that, the Bureau of Labor Statistics will release its “Consumer Price Index” (“CPI”) for May on Thursday (6/10).

If the meter was red tagged and locked out might need to pull a permit to get the meter released.

Purchase price: $160,000 Cash invested: $150,000 This was a fantastic opportunity my investor jumped on as soon as it was released.

The park still attracts patrons, it is still home to San Antonio’s 4th of July celebration.

From a medical standpoint that makes sense because when you agitate those surfaces, it would release the lead in the air and expose people around the site.