All Forum Posts by: Jeff Greenberg

@Jillian Sidoti @Kim Lisa Taylor @Amy Wan

It is called Branding.  You can start with the sign in the front, the website, any digital advertising, your brochure, and on the the leases.  Change anything that has the name on it.  Since a property name is not a legal name, nothing official needs to be changed.  This is all about marketing and branding.

I have to disagree. There is at least one FHA program for commercial 5+ apartments.

http://www.crefcoa.com/hud-fha-223f-apartment-loans.html

@Dustin Frank Attorney's that practice SEC law can practice anywhere in the US.  Unless you are planning to sit with them over lunch, it does not matter where they are.  Even though my attorney is in my state of California, I have never met with her for official business face to face.  Here are two that will give you a free consultation over the phone. @Jillian Sidoti @Kim Lisa Taylor.

@Eunice L. Interesting that this conversation is still alive after 3 years.  When asking the questions, it is always trust but verify.  It is nice to hear the story, but the weight has to be on your due diligence.

I believe that this one of those educational moments where you look back to see what you can do better next time.  Start with making sure that there is a financing contingency in the agreement.

@Bosko Mijatovic People can sue you for anything anytime.  The question is can they win the suit and how much will it cost you to defend yourself?  How much are they willing to spend suing you?  I have never seen a purchase and sale agreement that did not have some clauses stating what can happen in the case of buyer default.  They could sue you for the damages that they feel that your default has caused, but I would read over the contract to see what recourse they have.

I am not a lawyer, but if they do sue, you should seek the advice of one.

You could use docusign, but we have always just signed, scanned, and emailed.  The only documents we have to overnight are loan documents.

It is people like these that make it more difficult for those of us that are providing a service to individuals and organizations.  Through Private Placements, investors can pick and choose non traded investments, and not be totally reliant on the volatility of the stock and bond market.  Without credibility, we are out of business. Vetting of the investment sponsor is extremely important, and job one for a potential investor.  Those of us in this business welcome and encourage full vetting of our businesses.

@Mike Dymski Thanks for this.  I hope that you have a great Holiday and a fantastic 2018.  I look froward to meeting you in person when we get a property in your neighborhood.