It can be a little bit luck of the draw as to how much the property ends up being worth in the appraisal.

I don't see how this is possible because I paid for all of this to be done and its clearly outlined in the first draw request.

I think it could be a good long-term investment, should that area begin to draw young people looking for easy access to the entertainment/dining/proximity to downtown that the area provides.

A hard-money lender is offering a line of credit of 500k with 2 points to be paid up front for the line, another 3 points for actual draws on the line for purchases at 9.75%, and another 1 point for each refi, currently at 3.5%.Do I need a hard money lender?

College, full time Navy, a current kitchen remod, and a baby due in March is drawing a lot of attention.

So if they dont pay there rent on time the will be evicted. you can aslo draw a three month eviction notice those are still in effect.

In this case, you would still be responsible for bringing 10% of the total project costs to closing, and floating the first construction draw in most cases.

Agreed with Allen, use an attorney orYour personal attorney to draw up the agreement ... if you need a resource let me know, I use a service with a network of attorneys that costs less than $100 and can be used for your legal needs 🙂

Our contract provides for the broad strokes and then you'll want an attorney to draw up the actual note.  

Willl, the biggest draw to Cotter is the Fishing and the outdoor activities!