Jim Holmes Someone correct me if I am wrong but with the equity in a 51 unit building couldn't you get commercial/private notes to cover the new building or use seller financing?

Its a carefully balance system that can change over time and easily corrected by a professional.

Do I understand correctly that you plan to build several homes on the same property over the years?

.- His money used for down payment will always be his, correct?

You can find A Number for Bank of American the try to find the correct number for the person that has the knowledge and authority to talk about that property is a totally different story.

But, in the end, the contract is between the client and the broker and the broker is on the hook for ensuring everything is done correctly, legally, ethically, etc.Generally, you would have an independent contractor relationship with your broker (you'd be the contractor).

To structure it any other way would seem to miss the point entirely.Kama Ward- If I hear what you're saying correctly, it is that the biggest problem with raising funds in this manner is the accountability and transparency with which you must utilize any funds raised.

Then I have a dentist appointment, after which I need to call my attorney to correct a Deed, call a lender in Texas (I am in California), check on a couple of new leads, and then go over the books.My wife works full time so I do quite a bit of the house stuff.

Hi Edita,Kyle was correct when he said your credit stands for as least 30 days.

John Thedford and Wayne Brooks, that is correct.