I recommend lawyers to all clients to check that the company that owns the land has no liens, etc, before moving forward.Also, your purpose is important.

Since we don't allow users to promote such links, I've removed it from his signature.

You should still consider building up reserves so later when things do need work the cash is there.Buying pre-construction with builder incentives can be a great idea if you are prepared to deal with possible gaps or hick ups.I have purchased a number of properties (not condo conversions; just new purpose built condos).

Loan Criteria Documentation Full Income / Verified Assets Main Credit Score 580 Occupancy Owner Occupied, Non-Owner Occupied Foreclosure 84 Months Old Bankruptcy Ch. 13 84 Months Old Bankruptcy Ch. 7 84 Months Old Loan Amount $100,000 - $1,500,000 Lien Position 1st Mortgage Cash Out Amount $1,500,000 Loan Purpose Purchase, Rate and Term Refinance, Cash-out Property Types Hotel/Motel, Other Commercial Types, Restaurant/Bar Rate Types Straight Fixed, Adjustable, Hybrid Amortization 15 Years, 20 Years, 30 Years States AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY Special Features Borrower is a Corporation, Borrower is a Trust, Interest Only Payments Available, Borrower is a LLC or Partnership You might even have to consider a hard money approach---here is an example of what you can expect:COMMERCIAL, 001 70% commercial Loan Program Notes • Loan amounts are allowed from $100,000 to $5 million

Estimation methods are created for specific purposes.

Thank you Hi, There are lots of ways to promote your website.

There have been a lot of posts here about whether to open an LLC, S-Corp or other entity, in which state, and for what purpose in order to deal with real estate.

How much income will a specific amount of property produce after you strip out the running costs.With commercial and more so with special purpose industrial there might be very little value is there is no one willing to pay for the use of the property.

Note it is not legal for a federally requlated bank to invest in real estate so they can not legally just hold for investment purposes.

Is there anyone here who has used the system promoted by Bill?