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Commercial lenders can be found in the UCC.So, these arguments about who a private lender is can be clearly found by the process of elimination and by specific exclusions in laws and regulations.No skin off my nose if folks would rather argue about it, if a situation ever pops up where it matters, you can learn later on, probably the hard way for some.I recall an examination of a bank in Arkansas, the President got into banking by the virtue of having the money to do so, there is no intelligence test required to own a bank.

You might pass this test at 50% LTV, but by the nature of RE, it is not considered "marketable" from a liquidation stand point without slashing the price for an immediate sale.

We use Listsource and their data quality is excellent.

That complex had to pass the "condo questionnaire" test regarding litigation, owner occupancy, etc.

Writing checks for the exact amount is important, writing a check at a grocery store for ten bucks over the receipt is an issue, where the cash goes in your pocket, besides the issue of showing the business purpose of things purchased at a grocery store.I know of one LLC that failed meet the test since the minutes of meetings were never kept or any record of meetings authorizing activities.I would think that any attorney drafting an LLC for a client would run over the these issues with their client.

These short public or industry announcements that lack data for analysis and that claim the industry has or is at some disadvantage usually has an agenda behind it.

Few are willing to spend their time on a percentage of first deals because of the statistic that only 10% of students actually do something so the fee becomes a test if you are serious.

I sincerely believe it was an opportunity once in a life time based on the data I had researched and compiled.

I understand the owner had been made aware of the improper ventilation in the water heater closet by my mom, but apparently did not fix the specific issue.My mom went to the ER on Monday with similar symptoms, but CO poisoning was not test for.