Owner was past president of Georgia REIA.

I did this for my first rehab I had some cash and went to the community bank and brought the president the deal and shows him my plan and he wrote the loan as a construction loan.

Come to think of it, some investors elect to wait to record the deed until shortly before they close (on a  flip) so that the new purchaser is unaware of their profit.  

_________________Dwayne Hirsch, President S-4H Development LLC www.s4hresolutions.comI hope this helps.

We have not been able to get the required participation to even have elections for the board positions.

But if it's decided it was illegal to take them, then fair enough.In my opinion the rental inspection fees are a very fair cost of doing business.The city council elections for Bedford are coming up in a few months, and bad landlords have definitely been getting a lot of discussion.

Originally posted by Luiz Souza:Yes I did disclose my intentions of buying and seling for a profit and will have no problem holding the property for 30 days if required.

Setting aside the possibility that you play golf with the bank's president, no, you're not getting even a 16% LTV loan without putting some money into the deal.

No, I meant S-corp, but I forgot an LLC can elect to be taxed as one.

You can put anything in your offer you like, you could make it contingent on Ron Paul being President, but that might be tied up awhile if it were accepted!