I talked to one investor who held a second at 1% above legal interest rates.

Where risk is taken rewards are deserved.There has been an article or two where fraud has occured but this was where a previous offer was held back and a lower offer substituted after the fact.

Metals?

I could have held and rented, offered selling financing and got my full price, refinanced and bought more property or even flipped it to another investor and saved the $9500 commission.

Tell them you will put down $100 in EM but it will be held with your closing company.

make sure you're putting the flutes in the right direction as well.If you've got the metal H frames you obviously need to have the flutes going vertical.

Perhaps RE held as rentals, a multifamily, a quality building could be a good investment long term for her, but I'd say that 12K is nothing near what is needed for such a property.

In addition, as your portfolio grows I would suggest getting at least a $1MM liability insurance policy on your properties that are held in business entities. ($100k of liability insurance is almost meaningless)

The state of PA also has the contractor licensing searchable.Crazy as this seems, in PA the small claims are held in local magistrates, yet the search for those is at a statewide link.Can't speak for any other state ...

Lenders wanted to make the loan and if a buyer held on for a couple years the bank could recover their money and not suffer if things went bad.