Three years ago I worked with a mentor to transform an abandoned school building into a senior living complex with Low Income Housing Tax Credits & Historic Tax Credits but the deal fell through because we had not secured ownership of the building & someone bought the building.

Pretty good flip if the owner cooperate with cash for key.You have to be very careful as buying junior liens can be very risky & you need to keep the senior liens current so they don't foreclose.  

I got a call from his mortgage guy saying that the deal was passed from a junior underwriter to the senior underwriter and he didn't for see any problems and we should close the following Monday.

I am currently a senior in college majoring in Business with a Double Concentration in Human Resources and Marketing.

On my side our titles aren't regulated -- think of all the lender business cards have you seen that have silly things like "senior executive vice president mortgage consultant" written on them.I came across one of my peers' business cards from 15 years ago, with "branch manager" written on it.

Hello My name is Jorge Lopez,currently reside in Wellington,Florida.I'm trying to learn about Real State Investments.I have a degree in electrical engineer,daily job as clinical engineer(fixing medical equipments).Dont have my own property yet.Came from Cuba 7 years ago(proud to be american citizen now)so I will try to do my best writing in English properly !!

My interest is 33.3% of the equity and I hold a senior note of $20k as well.  

David Dorman | Senior Mortgage Consultant | NMLS# 10154764510 W. 77th St, Ste 380 | Edina, MN [email protected]: 952.426.5194 | O: 612.294.0365 |F: 612.437.4769

(highest and best use with repositioning)Maybe there are many apartments in the area but none that cater to senior living.By having demand and changing to senior or adult living with a light rehab and change you can then increase the rents.Also if you have additional land you can build or add on later.Who holds the loan on the property??

I am a Canadian citizen who has separated his ties to Canada for tax purposes therefore not able to get financing in Canada either without possibly being deemed a resident of Canada.What I am wondering, once I buy a property with cash in a state, can I later be able to take equity out of the property to purchase another property through a US financial institution or would they likely not allow because I am not a US Citizen or resident?