For another investor it may work okay with some disclosures, but I would avoid the whole deal if the original borrower can still draw in the HELOC and doesn't carry a 2nd.

Pollution and potential hazards from the burning itself, yes.

I've been using an app called Skitch to draw on an make notes on photos of homes I am bidding on.

Draw your line in the sand before the bidding ever starts and you will never get bit up.

I cannot do the test because you need to be certified to do it - at least that is how I read the law.I was hoping this topic would draw more attention, but given the number of people that are no doubt violating the law, they probably do not want to draw attention to themselves.

You need an experienced real estate attorney to draw up the LLC but the investors pay for the legal costs so don't skimp on it.

It also depend --if it includes a business --such as liquor store, c store, several rentals -- a hotel --each will have different clauses --start with LOI --and have an attorney draw up actual contract --must have draft prepared based on buyer and seller understanding - also need to involve buyer's accountant --for break down of components for maximum tax benefits for new buyer --such as RE, Equipment, Inventory and good will.

The goal is to draw them in to your site.

My closing costs were:Origination - $1227Appraisal - $495Credit Report - $20Title services and title insurance - $750Tax Service Fee - $75Consultant Fee - $430 (loan was a purchase + rehab loan, this is the fee for company that services the rehab draws).Government Recording Charges - $143Total = $3140Without consultant fee = $2710.I would say that you are getting overcharged.

When you are outgoing and helpful, you will stand out and draw people to you.