-Interest Rate Adjustment: The interest rate payable on this Note will be subject to adjustment from time to time in the event "lender" deems it necessary or prudent.The above terms are not all inclusive and any final commitment and documentation would include other such conditions that are customary for similar transactions.

Can this transaction be done sooner?

5) Are their any implications, including tax implications, that you foresee that could happen due to this transaction?

Am I missing something major for this transaction?

However some states it is illegal, such as Oklahoma and Texas for instance. 

So it is actually illegal to "wholesale" as commonly practiced today.

Transaction Coordinator.

After doing this for 20 years and doing 3,000 transactions, I realized that most associations have too much control and have the power to increase fees when they please, making it very hard to determine what your actual cash flow will be long term.

By doing this, not only are we completing better transactions with the public and improving our image, but we are helping to preserve our investor friendly atmosphere. 

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