There is usually no updating any title insurance policy when the asset is purchased.

Most likely, your offer wasn't overly attractive to the asset manager and they are waiting to see if something better comes along.

I will not post link but i was met by private investor actually who ended up providing funds, the loan was asset backed btw.

Don't forget you have control of a really big asset of his.

For what it is worth, even though you have a personal knowledge of the property it doesn't warrant putting in the effort to buy that particular asset in my opinion.

Begin as set forth in the contract(no change to contract terms intended). 2.Begin at such time that all parties have actual knowledge of lien holders approval or of Seller's waiver of the contingency for lien holders approval.Im the buyer, and I have 5 day inspection contingency...which is best for me?

Having a background in construction is an asset as well.

Again, if large amounts of capital are willing to purchase real estate assets and collect 8.0% yield, the rest of the market will have to follow suit whether we like it or not.

It seems lately from your posts that you have looked at real estate properties to own,note buying,and now restaurants.I am trying to determine if you are placing money in multiple streams or trying to place money into one type of investment and seeing what fits looking at multiple things.There is a difference between taking say 30,000 of cash and putting all that cash into a restaurant and having 200,000 and putting into multiple things.If the restaurant doesn't work out if it's just a small part of your overall portfolio it is okay.If it is a majority of your cash into that one thing it can be a bad investment if you do not know how to analyze properly.You might want to look at business brokerage.This is where I help people analyze buying the assets of a business.Since you will not want to run it day to day you will be what is called an "absentee owner".Businesses can give a great return when purchased properlyAny specific questions just ask.

If you are leasing your own properties there are no tax advantages to using an LLC or corporation though there may be legal and asset protection reasons to use them.If you are flipping, managing properties for others, wholesaling or developing you may have tax advantages to using one or more various business entities.