By promising lucrative returns on real estate investments, they enticed individuals to pour their hard-earned money into their fraudulent operation.

Have a legal advisor or counsel review your documents before signing.These will make your ultimate exit strategy, post Hard Money financing period, much easier when: - preparing & submitting paperwork for individual tax returns - maintaining the note in good stating with consistent payments & digital payment history paper trail - digital and/or easy access to documentation - preparing for a Re-Fi, Conventional financing, payoff, or even Flip/Sale & deed/title reconveyance to remove the Hard Money Lein holider at the end of the note's term

Did we make the right choice not to give an extension? 

We were about to close on a refi locking in a 2.5% 30 year fixed and pulled the plug at the last minute to switch to the All in One, but the lender pretty much told me why I was making a poor choice, so this is very affirming.

I've done the math on a few dozen of the buildings and individual units for buyers and have rarely found something that will truly make you more than a 4% cap rate.

@Spencer Cuello are you looking to invest with a group into a syndication or as an individual investor as the managing member of an LLC?

Some counties and states do not publish criminal information so you have to go to every county to search.If there are any red flags, I will conduct a Google search of the individual's name and the city/state they've lived in according to their application and their credit report.

The rental thing is fairly new to me, and I haven't understood the bookkeeping aspect of individuals who own multiple properties.

Your choices are limited since there is only a handful list of lenders who offer such loans, but it is sufficient.

With my background as an electrical contractor, flipping seems like a natural choice, however, I'm also interested in BRRRR as I'd like to hold some properties and rent them out.