However, if they have not even made a partial payment or communicated & verified an issue with me by about the 21st, I will issue the "pay or quit" notice.

The best way to explaining this is for you to download an IRR calculator spreadsheet or build your own simple one and play around with one.For what its worth most deals I deem meeting minimal IRR standards is 13-15% but you have to dig a little deeper to uncover the real placements of cashflows and capitalization events... and then dig even deeper to verify the assumptions such as occupancy, rent increases per year, and what reversion cap rate was used.Again I don't look for IRR cause its manipulated a lot instead I look at total return on a 5 year basis.

Make sure you verify all correct numbers for whatever deals you are putting together (arv, projected rents, and projected expenses).

Looking for a solid company where I can verify reviews and listings..I’ve had a few that started off well, I thought, but when I would ask specific questions the correspondence  stopped.  

Verifiable income 3x rent.

A 6.4 market CAP means a dollar of ACTUAL and VERIFIED NOI is worth $15.625 (or $1 / 6.4%).

If you contact me I can give you court documents and my attorney's information to verify that after THREE MONTHS of receiving zero rent, we had to forcefully evict (unlawful detainer) the tenant that Mario/Bridgehouse screened and moved in.

With the last 2 homes, I've been getting a LOT of verified, Zillow applications from out of state and they want the house in 2 months.

What is the best way to verify my client is using a solid hard money company?

If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.Here’s our OPINION for the Metro Detroit market (always verify each area for yourself!)