I'm quite OK using other collateral to secure seller financed terms, but I am very experienced in this department and know what I'm doing.

Yesterday I sent the draft of the lease off to two of the Life Lenders that I deal with so they could give me a "pre opinion" regarding items that may be of issue with their underwriting/insurance departments.

In 2002, the Pennsylvania General Assembly introduced Senate Resolution 171 and House Resolution 434, which urged the Health Department to form a task force that would assess mold and the issues associated with it."

Learn what you can about the property, the occupancy status, any illegal activity, floods, building departments, etc.you'll potentially have several categories of expenses: demolition, soft costs like permits, hard costs like the replacement structure, and any commissions associated with the liquidation of the completed project.There are many more people on BP better qualified to help and advise you.

Etc etc.You need to spend some time talking to the planning and zoning department in the area to see what is going to be required to turn dirt.

Anyway, the big lesson in the school was always wear the seat belt and if the machine starts to roll, lean toward the center of the steering wheel and hang onto it with both hands for dear life.

Hi Mike,Thanks for the information, I got a copy of the lien today from the modification department and they removed everything that was holding up the modification.

In development and construction we all have risks associated with hazardous material, OSHA, and city/county building departments.

There is also a stipulation that if the NSF fee is not paid by the time that the tenant departs, I can withhold it from the security deposit.

As I drove my husband to see it the first time we passed all the boarded up 4 plexes that had just been raided by the local police department for tenants dealing drugs out of them, I think a tear came out of my husband's eye.