Based on the results of the first sale and the urgency to unload the buildings, it’s likely that EquityBuild investors could face losses on the second wave of sales as well.But it’s still way too early to estimate how much money the receiver will collect in its effort to pay back EquityBuild’s investors, said Duff’s attorney, Michael Rachlis, of Chicago-based Rachlis Duff Peel & Kaplan.

Any attorney who advises you to pursue something is just looking to collect a fee....what’s the legal claim, “they don’t like me”?

Not sure if it's standard practice or not. 

When I have completed the renovation, can I pull the forced equity out and use it toward another home while collecting the monthly payment and putting toward the equity refinancing?

What is common practice?

No entry basement conversion complaint .CN196029Post name, address, and telephone of owner, owner's agent for managing, controlling or collecting rents, and any other person managing or controlling building conspicuously where accessible or visible to public way. (13-12-030)Building - No owner's I.D. sign posted .

The Ptax is for calculating the collection of transfer taxes and tells the county who the new taxpayer of record will be going forward.

Below are some more best practices for out of state investors.

@Kevin MartinGood practice...quiet title fixes it all...$2000 and done...add it to the rehab budget...

@Branden Sewell I could really use some number running practice as well.