They could then cash your check, distribute it as they saw fit, and you would have had your deposit.

I deal in in-town Atlanta neighborhoods that range from $80-800k retail points.

This is what is holding me back from buying the house.It is a nice 2 family, all brick very low maintenance fits my profile of houses I look for.

financing is the biggest headache I deal with,,most of the guidlines you are talking about aren't with the bank, but with Fannie,, some of the rules make no sense,, and one mystake can make it so that you can't go conventional, but there is always a portfolio loan from a bank (a loan they don't sell), but you won't lock in the rate for 30 years

It doesn't take too much work to be able to spot within a few years when a house was built- just like a car nut can easily tell the difference between a 1920 and an 1950 Ford, or a fashion queen can tell when a poodle skirt fits and what trends are in or out this year.

people FREAK OUT when I tell them I pay 14% for some of my money, and up to 5 points up front.yet I couldnt of gotten into this property without it, property is on a 5 year note, 20k purchase, PI $475ish, and rents for $700.. althought this doesnt fit all the rules and guidelines on this board, im willing to strech some and have this property paid off in 5 years.

most hard money loans are interest only, and most I deal in are 6 months, interest paid monthly.they will loan me 70% of the after repaired value of he home,,,so if its a home that will be worth $100k when I'm finished, and I'm paying $65, and it will cost $10k to rehab,,then they will bring $70k to closing, I will pay closing cost plus the other $5k ($65k+$10k),,they will then escrow the rehab money.You will also have your signature on the loan, and they want you to have decent credit

These are 4 two bedrooms ideally, but often a mix of 2's and 1's.

I heard most people decide as soon as they pull up if a house is a good fit or not and I would do this without a doubt.Good Luck Marcus

They have all of the little agrevating screws, bolts, nuts, gaskets, fittings, ETC on their truck.