All Forum Posts by: Brian Kraft

Soji, I would also appreciate if you got in touch-- [email protected]

Thank you.

But I love hate mail! 

Thanks for that tip. I'm moving forward with the original $500 GC. Good to know that it's a "reasonable" going rate. Thanks, guys!

Thanks, Linda.

The window guy does know some GCs and was working on getting one on board for this, while I simultaneously posted this thread just to see what my options could be. He did get a guy he knows who will do it and would to charge $500. It stings a little. I don't know if that's a reasonable price or not (4 windows total, if that even matters). Is $500 what's to be expected here? As of now, it's my only option--if I want to move forward with the guy I'm using (he's already started digging, which Aurora says is fine--pre-permit). I'd like to move forward with my guy, as his prices are well below other quotes I've received (even with the $500 added on).  

Hello.  Who's got a lead on a general contractor that's licensed in Aurora, Colorado? I just need some help for permitting purposes. I have an egress window guy who is not licensed in that particular municipality and I'd like to see if I can get a GC to handle the permit and put my guy as a sub. Any advice is appreciated--directly here or feel free to PM. Thanks!

 These folks have become incredibly unwilling to compromise. 

Oh, I remember the lender told me if we weren't fully compliant within DIRT... I mean TRID, that the loan would be unsellable. Could that really be true? 

Interesting. I'll definitely be asking the lender if we can make an exception to their rule... if it actually is one. 

That's odd. It's not OO. Are there new regulations for investments that are called something different?

Man, today has been frustrating. I'm supposed to close on the purchase of a duplex in Aurora, Colorado this Friday, but my lender dropped a bombshell on me today. I'm fully approved, but they are saying the red tape that is TRID has caused them to have to push things back by 1 day. One day--no big deal, right? Well, the sellers are straight up refusing to move the closing date by one day. They understand it can't happen the day we had hoped, but they clearly want the deal to blow up for--who knows exactly what reasons. And, to make matters worse--I don't have a leg to stand on because it's my side that can't perform and come to the table with the loan and we're already past the loan objection deadline. Fantastic. They could technically not sell to me and also take off with my $5,000 EM--plus I'd be out inspector, appraisal, etc costs--not to mention an inordinate amount of time that I and others here on BP have put into this deal.

So, the latest idea is--if I can come to the table with all cash, we can close on Friday, and I can then refi in a few weeks. The lender is on board with that plan. The only issue is--I don't have that cash (I'm bringing $90k, but it's the remaining ~$200k that I was getting a conventional loan on). There's a couple folks I personally know that may (??) be willing to loan me the money on such short terms (1-3 weeks is what the refi lender is telling me), but I'm not super hopeful.

I'm wondering if anyone has any thoughts about how to make this work in some way. I'd really appreciate any ideas you may have to share. Feel free to post here or also feel free to PM me. Thanks!  

Thanks, @Kevin Fletcher. I'd love to take a look at the verbiage you've got around that.