My concern is if he moves out and I have no prior knowledge of the apartment prior to him moving in a year ago how can I legally keep any of his deposit if he moves to cover wear and tear?

or did they rent this out without your knowledge AND agreement?

Rehab:Our construction knowledge is limited and neither my partner nor my self have taken on a full rehab project before.

Work Knowledge or brings additional funds to the table. 4.

You will find more knowledge, experience and expertise right here on these forums, than you will in any book you find.

It may be a case of the blind leading the blind.That and we don't need Steve B's blood pressure sky rocketing, he has knowledge to disseminate!

Personally, I think a lot of it boils down to if a broker can hold an intelligent conversation as to the loan process, required documents, what the lender charges and when, etc.Anyone who has been in the CRE finance sector for any amount of time should be able to talk with a reasonable degree of confidence, and knowledge, about whatever they're offering.The loan process, and requirements, differ from program to program.

For what it is worth, even though you have a personal knowledge of the property it doesn't warrant putting in the effort to buy that particular asset in my opinion.

Begin as set forth in the contract(no change to contract terms intended). 2.Begin at such time that all parties have actual knowledge of lien holders approval or of Seller's waiver of the contingency for lien holders approval.Im the buyer, and I have 5 day inspection contingency...which is best for me?

Within a short time I am amazed at how much knowledge and information I have amassed on every aspect and facet of investing.