My brother and I run a small performing 1st lien portfolio and are looking to broaden our contacts.

My realtor says I am not and If we issue a notice to perform we will not collect the deposit which doesn't make sense to me.

Single family I think will do well in Livingston as well as I see homes there consistently renting for more than $1/Sq.

@Kory Lutes  How will the property perform when it is 100% occupied by tenants?  

you need to get per approved by a top shelf lending company that the local realtors know performs then go shopping.

The layout is a residential single-family home that has been subdivided into three units consisting of 2 x two bedrooms and 1 x a one bedroom that is located in the "basement" of the house.

Performance Title.

I don't believe in incentives, I take a scope, perform it, get paid, move on.

@Tracy Royce  in this business if your doing any volume your dealing with one or two of these a year.Always tough.. although what I finanally learned is that it rarely gets better you just need to bite the bullit and follow the letter of the law.NOt sure about protected class. but I have one right now in my market that could go that way.it took me 18 months to close and it was my first suit for specific performance in 42 years in the business... phase two is to move this person out.its a city lot the house was so bad I paid over 60k in city code enforcement fines to close escrow. that's just the fines folks..

@Ryan Klemetson I skip the lawyer most of the time in IL (you must have one in IA, and I review my own contracts and then close at the title company and have them perform the title search, rather than paying the lawyer to do it.