As morbid as this sounds, this exclusion would theoretically extend to employees, family members, etc.As the result of the Presidentially declared disaster, a document used in your 1031 exchange is damaged, lost, or destroyed.As the result of the Presidentially declared disaster, a bank or lending institution temporarily delays, or decides to not move forward with a mortgage.As the result of the Presidentially declared disaster, a transaction is delayed because of the inability to obtain flood, casualty, or title insurance that is required to complete the transactionDon’t assume that you’re automatically granted an extension simply because the above conditions are met.

THey are institutional i.e. private banks and generally really solid. rates are between hard money and conventional but they are a good option when in a spot such as yours.Try doing a general search in Scotsmans Guide.  

If you came at the beginning of the month over Labor Day you could have stopped by the American Royal BBQ competition and sampled BBQ Saturday.  

If you don't mind living a little outside of the city, Ferndale and Royal Oak are great places to look, especially for young professionals. 

What if the institution just doesn't have an appetite to finance that type of asset anymore?  

Looking to connect with those having success investing in single-family rentals in Royal Oak to Birmingham, MI. 

How I do it is through selective screening and I have been 100% successful.By instituting certain screening standards it will naturally eliminate the vast majority of non target applicants.For example young couples with children will generally have lower credit scores. 

The note seller will probably require you to sign an NDA first.We buy in bulk by large trusted institutions but we also sometimes pull lien reports.

While I would love a place in a more desirable area, the numbers just don't work for places like Ferndale, Royal Oak, Livonia, and the like. 

If the institution's require signed and notarized documents it may take 5-7business days.