For example, on a DSCR type loan you might be looking at 5% of the loan amount to close that loan. 3.

Do I need to contact the city of Chicago to have the water shut off or is this something I can do myself? 

It would also be advisable to discuss this with an SEC attorney for both personal protection, and hopefully the sponsors are doing the same to make sure they aren't getting in trouble.The conservative answer is: be a broker-dealer and you are in the clear.  

That being said, how does one go about getting architect plans for a home to get bids from contractors in a smart way?

Obviously that’s different than a spec home though and we have opted to not want to deal with a home owner and bank during the build process at this point.Hope this helps some.

@Meshael Eady I sent you a PM, there's a lot to know!

Good morning all,I was talking to a friend today who lives in Dubai.

This happened almost a year ago and I have not been able to reactivate my personal accounts.

How did you finance this deal?

I’m also wondering how to decide between investing locally versus exploring other areas.Any advice or resources would be greatly appreciated!