@JJ Bliss Thanks for the tip, unfortunately RealtyShares was one of the companies we used in the past, they were bought out by LimaOne and - guess what - LimaOne requires an appraisal!

Also said check with closing Attorney, maybe Fed ID#s were issued and it got past me (that I doubt , but sure, I will call).2.

I've asked the current owner what was his revenue over the past year.

Read the past posts on the subject then ask any questions you have.Talk to your local county where tax auctions are held for info.Attend an auction, get a feel for it.

I've bought a few Huntersville rental condos in the past year or so and looking forward to hearing about what others are doing

(I'm waiting to hear back from the HOA to confirm the owner occupancy vs investor owned demographics)I thought I had a lender the past couple days, however they charge $5000 in originating fees regardless of a small loan amount.What should the fees be "out the door" for a small home equity loan like this?

I have been listening to BP Podcasts for the past 2 years, and finally thinking about diving in by July of this year after lining up all the ducks in a row and grabbing the last bits of information.

We lend on construction loans and this is a prohibitive arrangement for us.Not that you would do this, but what banks have seen in the past is that the builder family member will charge more than necessary to inflate the price of the home and then cut the money back to the homeowner.

What have you guys done in the past and am I legally allowed to move that money where ever I want? 

I have used your landlords approach in the past to break down tenants that do not get the message.