I am so tired of hearing people getting screwed by these people.6,500 on a 160k purchase price is outrageous.A residential appraisal should cost about 300 to 400 bucks at market value for most hard money purchases unless it is a really big house.Now commercial appraisals DO run about 3,000 to 5,000 dollars depending on the asset type and size.The New York company sounds like they don't want to tie up there money just collect the fee.Unfortunately I know of another situation on a commercial loan where a few hundred k is involved.This lender change the loan programs on their website 6 times in the last 4 months.The FBI,attorney general,and a whole bunch of other parties are investigating this lender and going after them.This lender has been in business for over 7 years and they have a bunch of connections.When a lender holds a large due diligence fee they have little motivationto finish your file to get paid.If you talk to commercial investors who have completed a bunch of deals they will NEVER EVER pay upfront fees.They tell the lender to go spin.If the lender you pay upfront fees too wants to do your loan and even if you pay due diligence fees the lender will sometimes drag their feet.The reason is they might have 10 of the 20 million dollar loans they are making more money on the points on and then they will get around to your little loan later.You don't know their escrow company and it could be a shell corp and they are in it together.Tell the lender you will have YOUR ATTORNEY hold funds in escrow.Your attorney will pay the appraiser directly the fee after they have been vetted.Lenders who have nothing to hide-hide nothing.If they are full of BS you will here a bunch of excuses as to why you can't do this.

In the end I bucked up and realized that there are millions of ways to make money in real estate and I just had to find another way.

I think I was out 30 bucks.

In fact, he will be rebuilding a 50 ft fence section for me this week for about 200-250 bucks, I buy the material.

It's NOT the medium it's the marketing message.You can take the right copy and message and scale it on multiple mediums and it will pull great.You can put bad to mediocre copy in any medium and it will struggle to pull well.Design of the website doesn't mean what people think.I have seen many websites rich for SEO rake in the leads and they are nothing fancy to look at.Website designers don't know much about driving business and just like to create vanity sites to admire their work.I can't remember but aren't you trying to buy properties for 50 bucks down??

i was currently looking at another vacant 4plex for 85k. i didn't want him making 20k off of me for not much work on a cheap property, but in the end, the wholesale 4plex was a better deal even, if he made a few bucks off of me.

hey guys and gals...i have no experience with baseboard heaters...however, the estimate to fix the duct work attached to my gas pack is astronomical...the price for a gas wall furnace is even higher...i can purchase enough heaters for a few hundred bucks...it's a 700 square foot apartment, 2 bed/1 bath...the lady at lowes said 3 of the medium sized units should heat the unit entirely..i've heard they can torch a building..how dangerous are they for children as well?

If they buy your place you will throw them a few hundred bucks.

thanks for the response j scott. i dont wanna spend any mony on my first deal except of course 10-50 bucks for earnest money. what would you advise me to do start with and look for?

There are also mature trees in the immediate surrounding of the house.