A good broker remains transparent throughout the process, providing regular updates on loan applications, lender responses, and any emerging challenges.

I've regularly attended the auction in Brooklyn, but never bidded on anything.

I thought with using a regular agent I would be able to get a higher price for my house, but I did not, so really the only major difference was the staging and I don't think that really helped. 

Borrower Types: The Professional - HM Lender will cut sweet-heart deals to keep these borrowers around Experienced real estate investors Regularly engage in property transactions Typically have a track record of successful projects The Newbie - Charge Higher everything as the risk is higher as no experience Novice investors or first-time borrowers Limited experience in real estate Seeking to build their investment portfolio The Deadbeat - Only lend if the deal is so SWEET, they can't lose if they take the property from the Borrower Borrowers with poor credit history or financial difficulties High-risk borrowers May struggle to secure traditional financingThe lender will do an application on the deal/borrower and some standard docs they require are:Hard Money Application / ExperiencePurchase contractARV report – COMPS – See * Redfin*Pictures of Property – most people use Dropbox to shareProof of Funds – Down / Reserves (Bank Statements)Personal identification (ID or passport)But usually if the deal is sweet enough, they will do it anyway because if the deal goes south, there is so much equity/value in the property that the HM lender can't lose.

I do get regular emails from their group - but the ROI on most properties that they have sent recently has bene around 8-10%, not the 'at least 12%' that CM promises in his videos.

Money laundering happens, cash or coins and yes much more(99.5%) is done in regular cash seeing that these coins represent .05% of currency.

Funny enough, the house I made an offer on before the one I closed on I did go through multiple inspections: electrical, plumbing, and regular inspection and I ended up walking away from that one.

But what do I know, I mean the richest man in the world right now uses Hollywood-level smoke and mirrors tactics regularly to prop up his otherwise questionably profitable companies and look at him, he's the richest man in the world...

It just runs and runs with regular cleaning with cleaning descaler tablets 2x a year.

This seems like a lot of work to save 15% of $35k in taxes (Less than $5k.) especially if you have transfer taxes or title insurance, or you convert your long term 15% rate in to your son’s regular income tax bracket.I hate paying taxes as much as the next guy but this lemon isn’t worth squeezing.