Keyrenter North Jersey opened this year, leveraging the proven processes, systems, technology, and infrastructure of the large organization, combined with the focus, support, customer service and local expertise of a small business.

We have ask for a mutual release and return of our $2,000 earnest money due to the fact we no longer feel it is a safe area because of the break in and there have been a few other red flags along the way.   

Hello-New to hard money but not to rentals, I own 5 doors that I have funded myself but want to keep some reserves so looking into hard money for my next deal and will refinance into a conventional loan to keep the property.Are these typical hard money terms or is this too much?

See how much money you can take out of your property and how much you can rent the property for.Don't overleverage yourself.

I'd suggest trying a few different lenders in your market to find one better equipped to support you purchasing with a VA loan.

It's a great way to increase your net worth and these loans can also be used to pull cash out of a property as it appreciates allowing you to reinvest money into new deals.Happy to connect to discuss further. 

With that in mind, I would ignore that aspect.That said, I always like using the cheapest money first. 

Basically they are a type of insurance and insurance companies make HUGE profits because they pay out MUCH LESS than they take in meaning that over the long term you will lose money with them.

So why would you pull your STR off the market for a year and make less money for a (now) tenant that you know nothing about...?

Hi Bigger Pockets Forums, I've been saving up money from my full time job to invest in real estate.