If the company complete the process of review in a positive way and is being announced that the landowner doesn't have enough money to pay for construction, then they look for lenders who can agree with the profitability of the project.

If I do not receive payment Monday, a full week after closing - I will be contacting the authorities and taken appropriate action to receive payment.

I was analyzing my positions a few weeks ago when I realized I should probably start investing in real estate. 

I've done my due diligence following the forums, listening to the BP podcast, and reading many of the books recommended here, but still somehow feel like I'm not fully sure how to actually apply all the general lessons to concrete, actionable steps now that I'm looking the potential deal in the face.

This means I could be stuck holding the property for another 2-3 months, when we were in a position to close on the resales by the end of August.  

For instance, let's say you are pitching a deal for a fix and flip and it looks like you have a solid plan, the investor has confidence in your endeavor; because you are a first-time flipper and or fledgling REI they know the investment is at high risk for failure to wasteful effort and you will likely take longer than advertised they are going to want the lion's share of the deal and 1st lien position.

And you cannot rely on what they tell you at the counter.. they just say whats possible.you have to determine if this is a administrative action.. or does it go to the planning commission ( ie get political)

They will do all the foot work necessary on your behalf.In your position, with the markets as high as they are and potentially a market adjustment on the horizon, I would be selling not holding SFHs at this time.

That does not disclose your position in the 1031 at all but still allows us to accomplish everything we need to do for the 1031.

Good afternoon everyone,I have a question for anyone/everyone that is willing to ponder it.I have been looking for something posted on strategies and techniques for positioning yourself for taking advantage of market contractions and downward curves etc.There has been a lot of talk and articles written (for over a year now) about the impending "bursting real estate bubble".