We rent to felons, especially when their convictions were more than 10 years ago...great tenants.  

Work directly with on-site Construction Project Manager to insure project construction is per plans and specifications from start to finishProvide supervision of sub-contractors on project siteAssist to ensure construction activities move according to pre-determined scheduleCommunicate effectively with SubcontractorsDaily inspections and presence on project siteIdentify any project design and construction issues and bring to management team.Oversee and report progress of project against project plan scheduleCoordination with Construction Project Manager, all necessary work flow schedules and monitoring of same to insure all deadlines are metInform Management Team of work progress and of all significant matters relating to the projectDevelop strategies to promote efficient and cost-effective work practicesAbility to step into and perform duties on an existing under construction multi-family project.Recommendations will be required.Thank you,Anat

I am guessing it was with a lender and not an FDIC Bank? 

This is in line to what we are seeing.

I am looking forward to connecting with fellow lenders, accountants, and real estate agents to get more perspective and build my knowledge on real estate so that I can start to build wealth in my mid-20s and onwards.

Purchase price: $242,500 Cash invested: $49,000 This is an older house, built well on concrete block, that is next door to multi-million dollar houses on the water.

Or does this happen so often and they really dont care?

I’m particularly interested in house hacking as my first strategy.I’d love to understand more about what to look for in strong investment markets, practical tips for house hacking, and the financing options available for first-time buyers.

But if a tenant defaults they have a right for due process to contest the eviction.We see people try and do this with having a borrower on seller finance sign the deed back over to the lender and if they miss a payment the lender can record the deed back into their name.

We don’t want to let her get away with this again and it’s more about principle at this time.