These are the loans where a bank lends you (for example) $10,000, but you must establish a CD or savings account with that bank in the amount of $10,000 as collateral and you can't touch the account until the loan is paid back.

While this provision does seem fairly clear on the surface, there is another provision in the statutes of North Carolina that deal with usury limits.Under this second provision in the North Carolina statutes, there is a provision that establishes a usury limit at a variable level.

i have nothing but problems with the Michigan property. i do not suggest it unless you have very good management and a willing to gamble .

Establish reasonable charges for missing items, damages, unpaid fees (such as a lease break fee, notice posting fee, late fee, etc.), unpaid utilities, unpaid rent.

Can someone explain it a bit more, since what the OP is trying to do is establish an accurate ARV?

It seems to have an established clientele because of the location of the biz as well.

I need to establish realistic criteria for offers I am going to make on REO tapes and other sources for acquisitions.Your help is very much appreciated.Thank you!

Some objected to buying with a already established corporation because they dont want to inherit any debt or liabilities that corp may have.

Well, in five years, we would like to have established an LLC and a non-profit organization.

It gets hairy when you want to sell one when two are linked because they will often require you to bear the cost of establishing they are sufficiently collateralized.