It can be a great idea for some and not so great for others and without knowing you, personally, it's more difficult to form an opinion.Aside from that, it never hurts to have a little more knowledge of basic business finance :)Anthony

Your basically doing a double assignment.

The refinance in a new entity is orders of magnitude harder than the gurus and so called experts claim.However, there is a more basic question...What are you trying to accomplish by putting the properties in one or more entities?

I have a subscription with, and use RocketLawyer, mostly for basic contracts like leases and walk-through checklists.

I'm basically taking prices from all four sites and then taking the averages from that to get comps right now.

I brought this idea to the borough and they basically said, "Shut your pie hole--we are doing the best that we want to, so suck it."

My brother our foreman is a mechanical engineering grad and has spent 8 years as a project lead for Phoenix Industrial, managing safety and the correct installation of million dollar projects.Feel free to give us a call. 360-772-6355Thanks!

The basic numbers look great.Mike

What might be insured is between the insurance carrier and the lender.Considerations are vast, the local economy, the project, management, financials, timing of the project to completion, basically all areas that a lender will consider.As to sub-prime, never heard of it, as coverage is generally afforded to strong borrowers, developers that are entering a project at a higher LTV initially and the LTV is reduced as a project comes to completion, the initial risk.Apartments or properties held long term can be insured but again usually to cover the LTV risk, that is risk enough and to add sub-prime credit, management, or low debt coverage issues really isn't an insurable risk.

They are ready to start calling on accounts when they don't even know how to read a rate card,,they want to go see people, you have to hold them back a little so they have the basics down,,they want to start selling.The sales reps in #1 have little chance for success,,they confuse activity with accomplishment.