And some of these left HML in a tight spot borrowers could not access their draw money.. this happened just recently to Fund that Flip.. and their borrowers I know i got a call from one of them that was owed 300k in draws that was not coming.I can understand that rates aren't what they are when you close as when you get quoted, but if you offer a "rate lock" and use that term, you need to stick to it even if you aren't required by law to do so.

Know and obey the law.

Main things being population growth and landlording laws.

But the risk caused by this, is that the safety cushion is reduced or completely eliminated, and a small problem can cause a catastrophic default on the debt.So, many of these aggressively structured deals have been heavily distressed.

Hi Ryan, I'm a licensed real estate broker in Illinois and also a property manager, and yes, in the state of Illinois, you need to be a licensed real estate broker (to be compliant) in order to manage property owned by others, because property management is considered a form of a real estate activity under Illinois law. 

If you are 75% complete rehab you are very close to ordering furniture IMO.3 - Look for safety hazards - i.e. uneven steps etc.If your time in town is limited I would focus on these 3 areas.  

I did some mobile home deals down there (4 total) and the change in immigration laws and the recurring storms has really dented the demand down there. 

In a community property state like California, if your SMLLC is considered jointly owned due to community property laws, transferring a jointly owned property into it might not trigger the due-on-sale clause.

As mentioned, you probably have to skip condos, and you REALLY want to look up the local laws AND the HOA CC&Rs. 

Considering the more lenient US laws compared to the UK in contracting.Again, thank you so much for your reply, perhaps we can connect and see out opportunities in the future!