So here is a thought I had:If rent is due on the first, and has to be received on the first, couldn't I give the cure or quit notice on the 2nd day?

Carl, in reality there is a limit to anyone receiving another commercial loan.

If the borrower cannot or does not show financials to the lender, or if the financials are not satisfactory when the lender receives them and reviews, then the lender can (and likely will) call the loan due.

The coaching you receive is no exception.With that being said, here is my checklist for coaches/mentors.

it has been over a year since i received their letter of satisfaction and stamped paid note, but the lien is still there. should i ask them to release the lien?

The lender making the loan and receiving the deed of trust for security does NOT "own" the property as you stated, you do.Secondly, you are asking for $50k on a property worth $65k at best per your numbers which is a LTV (loan to value) of 77%.

choose the person you want, and they will receive an email notifying them that you @mentioned them.You can also @mention your colleagues even if they are not in this thread.

Originally posted by Brecht Palombo:I'd be interested to hear if you're walking in with it in-hand or if its being requested when you present and offer and if its being requested then by whom and does it also accompany a deposit.I've purchased dozens of REOs and it was always requested either at the time the offer was made, or when we received a verbal acceptance.

Once you have it all set up, you're ready to get to work.You do have to be careful with the tax implications of using SDIRA money as well as borrowing with an entity that receives funds from an SDIRA.

In a trust, you must name a beneficiary - the person(s) who receive the trusts' assets after the trustor's death.