Do I need a real estate attorney to draw this up--we are all working quickly and efficiently together so I'd prefer to keep it simple, but don't want to overlook anything.

From what you're saying, it appears they are hinting that there is a serious hit to the fund.

If the poop really hits the fan, there is not much they can do.

Innovation and vision is this county just took a big hit.

Google earth and street view can tell you a lot about an area without actually having to hit the street.After doing some online research you would be well served to burn a tank or two of gas to get a true feel.

Of course everything has to be disclosed, the market value and the underlying loan.Also, the buyer has to be fully aware of the balloon and that he will probably has to come up with money out of pocket if he hits the balloon and the house still wont appraise.The seller, in the other hand, has to be aware that the chances of the buyer leaving at that time instead of buying are high.

I feel that it is time now to start building assets instead of incurring more expenses.These things being said, I have hit nothing but brick walls with regard to getting financed.

.), your score takes a small hit because you've just created another mouth (debt) to feed.

I take pride in my properties...I want them to look nice, be safe and efficient which translates into good tenants and less headaches.

Getting the utilities in-line was a challenge, but we did a lot of work on tightening the place up, installing high-efficiency HVACs (one per floor), etc.