- read/ask questions and you'll find out.why is a good way - because it presents with LESS RISK, lower interest rates (owner occupied) ARMS and provides you with a map of banking alot of money over the long haul.it's just a consideration.

It will also make it considerably more difficult for you to understand exactly how much money you are spending on the property, when it's being spent, and what owning the property is doing to your bottom line cash flows.

when you say NNN I assume you mean single tenant property as most retail and industrial are NNN.The main consideration with NNN properties is the credit worthness of the tenant.

It's just a consideration and if the cash flows work, they work.I like Texas and I think there are very good places to invest there.Jeff

There are other things to take into consideration such as:1.

It is unlawful for a person, in connection with the application for or procurement of a loan secured by real estate to: (1) Employ a device, scheme, or artifice to defraud; (2) Make an untrue statement of a material fact or to omit to state a material fact necessary in order to make the statement made, in the light of the circumstances under which it is made, not misleading; (3) Receive any portion of the purchase, sale, or loan proceeds, or any other consideration paid or generated in connection with a real estate closing that such person knew involved a violation of this section; or (4) Influence, through extortion or bribery, the development, reporting, result, or review of a real estate appraisal, except that this subsection does not prohibit a mortgage lender, mortgage broker, mortgage banker, real estate licensee, or other person from asking the appraiser to do one or more of the following: (a) Consider additional property information; (b) Provide further detail, substantiation, or explanation for the appraiser's value conclusion; or (c) Correct errors in the appraisal report in compliance with the Uniform Standards of Professional Appraisal Practice.2.

At that point it seems like it would be sold or terminated and if terminated my problem as a lender has been cured.The Option Price paid is also a consideration as to any interest established and the terms of returning any funds in the event the conditions were not kept.I'll yield to thers for the forum discussion.

Article 25 defines a real estate broker as an individual or an entity, who with intent to collect or receive a fee, compensation, or valuable consideration, sells or offers for sale, buys or offers to buy, provides or offers to provide market analyses, lists or offers or attempts to list, or negotiates the purchase or sale or exchange or mortgage of real estate, or negotiates for the construction of a building on real estate; who leases or offers or rents or offers for rent real estate or the improvements on the real estate for others, as a whole or partial vocation; who engages in property management as a whole or partial vocation; who sells or offers for sale, buys or offers to buy, leases or offers to lease, or negotiates the purchase or sale or exchange of a business, business opportunity, or the goodwill of an existing business for others; or who, as owner or otherwise, engages in the sale of real estate as a principal vocation."

My township has strict laws on height of grass, no cracks on sidewalks, trees need to be trimmed to 10 feet above sidewalks and 14 feet above street.

It's like they're promising you can do that in that time frame but doesn't take into consideration certain things.Most of these guys are just selling a genie in the bottle but in reality it's an empty bottle.