We purchased the last remaining heirs interest in each of the three lots on his birthday and were able to make the property marketable for sale.We took these properties no one could solve, and solved the problems for the family and ended up getting three great properties back on the market for a developer to scrape the homes and build duplexes on each lot.

If you do deny them, be sure to send an Adverse Action Notice to remain compliant with the FCRA.

Perhaps someone else would be willing to loan you the remaining funds in 2nd position against the property.  

The remaining items @ this time will only be interior upgrades, as such any homeowner does in due time.Regards,Tony

Can't assign or transfer contract, so plan on selling the LLC, that way purchase contract will remain the same.

I spoke with a banker and he tells me I have to come up with 30% down which is 810,000 and bank will construction finance the rest and once the tenant leases they will refinance only the remaining 70%.

If the landlord doesn't comply, the tenant can go to court and may be entitled to three times the amount of the security deposit or the remaining balance to which the tenant is entitled after lawful deductions with interest, plus court costs and reasonable attorney’s fees.

The statute says if a party contracting to provide maintenance or management services to an association, or a board member of such a party, owns 50 percent or more of the units in the condominium, then the remaining unit owners (the minority owners) may cancel such contracts by a majority vote between them.

It's often said here, but bears repeating: by the time the Fed officially announces a rate hike, that rate hike is old news and of no further consequence to financial market movement. There are exceptions for times w...

As long as he holds the keys, he is the tenant and remains responsible for rent and utilities.