Then we also tried to get a construction loan for a house we are planning and paid the bank for another appraisal, but the loan was eventually denied.

You are in Central NJ where lawyers are customarily involved in real estate transactions.

Has anyone ever converted a garage to an apartment or studio and if so, what was involved in doing so?

So they denied it on this one MH fact, and said they could not give me a loan they could not bundle and resell.

This online community has really opened my eyes to other areas of the real estate business that I might want to get involved in more deeply after I retire from the reserves in the next couple of years.

New product type for me and I trade mortgages for a living).Ideally I'm looking for 30 yr fixed but most lenders I speak to direct lending through their commercial lending group when a LLC is involved.

Now, if you can find the builder and get copies of compaction records, you would at least have something to base a lawsuit on if any of the parties involved still have any money.

I can tell you're excited William, but here's a few reasons agents don't get involved in SF and L/Os.The agents want to get paid, they are paid on sales, not leases, but either party can pay a fee, usually the L/O is kinda thin so the Realtor may go hungry.Many RE Brokers don't allow it due to the liability.

I was wondering if anyone had heard the rule of not spending over half of ones' savings on anything if you have no debt. I am graduating from college in May 2013 and already own one house jointly with my parents. I ...

Seems like there's less risk involved in that....There just seems to be a lot of moving pieces and I don't want to get burned before I even get out the gate...