Vet the guarantor the same as you would the tenant and either ask them to co-sign the lease or execute (which would technically make them a tenant, unless you lease has built-in support for a guarantor) a separate guarantee of the tenant's obligations. ... or move on to the next applicant.

Since this sounds similar to the old CO law, I will answer in that context, but redemption rights are soley a product of State Statute, and you best read said MI Statues if you are going to be a foreclosure investor, and not rely on people on the internet.

There are a ton of members in the Colorado area, I'm sure you'll be able to hook up with some locals easily, especially with the new Find Members SectionSee you around the site!

My partner and I will begin to wholesale properties in Newark NJ and surrounding areas within the next week, but before we begin marketing via bandit signs I would like to ask, where does one go to check the laws and ordinances of a town in reference to the posting of bandit signs?

University seems to be a little tighter market with an extra layer of bureaucracy to deal with, seems every other year they are trying to introduce a new ordinance regarding the number of parking spaces to bedrooms a property must have.

Supposing I get some partners or co-signers that get a monthly income from the government due to disability, or a person that receives retirement, would the bank consider that a valid source of income to be considered for a mortgage?

This is not a good question for the nationwide audience to try to answer - you need to get an estimate from a Colorado contractor or active experienced rehabber based on your plan.

Coverage at RC (Replacement Cost---gives you the ability to recoup the initial depreciation that is levied against the settlement by simply completing the repairs) that waives any co-insurance requirement may be the best of both/all options, too.

The only test we have been subjected to is the buyers attorney & the Title Co perusing all the LLC documents if & when the Title of the property being sold is held in the LLC.

Co-mingling funds is one example that can get you in trouble and is probably the most frequently violated by people.As far as trademarking, etc.