There is then a pre-marketer that assigns an occupancy check on the property, and coordinates a cash-for-keys or eviciton if necessary.

I have been sent a "pre-application worksheet" pdf which outlines the details of the loan.

Reputation Risk:  Beyond regulation, there is also a PR risk if the lender ends up financing illicit activity.  

Usually for loans above $50,000; 60% to 70%LTV; 12%APR with 2% is standard. 

You can sign a pre-lease with them and get bank financing. 

I made the case to the landowneers they have little chance of selling their land anytime soon (their lots were on the market fora few years) and they'd be wise to let the builder build on their land and get paid upon the sale of the land at a pre-neg price.

Just have a feeling as TN apr. did.

I've had a Pre-Paid Legal membership for almost four years and have used it several times and wouldn't be without it.

Recently, I spoke to an investor out of Texas that financed 100% flip with 0% APR credit cards.

All I know is Rich is correct, there are a ton of foreclosures in this area - way more than I could ever look at.I am doing comps for the properties and if I need to be able to offer more than the list price that's fine - if it meets my 65% of APR price.I am still in the research phase, but will be flying down to Fort Myers next week to look at some properties and meet with a buyers agent.