You'll find that being a jerk to a jerk usually results in fun responses like damage.Lots of damage.Damage that may not even be entirely covered by a double security deposit.

The North American Securities Administrators Association (NASAA) recently issued an advisory to spotlight concerns for small businesses and entrepreneurs seeking to raise investment capital through crowdfunding.

The place is stuffed with security cameras inside and out with the entire property covered.

Yes - if you secured the loan by telling the bank this will be your 2nd home, then that is how the bank expects you to use it.

Am closing on an REO from BofA next week and in contract on another property that is a short sale own by BofA.My question is do you know if BofA have any rules or limit to the number of properties one can purchase from them within a giving time and the reason am asking is because they are the only bank that ask for social security number when you make offers.

I'd like to get into the RE Wholesaling business but most of the software, courses or books out there are get-rich-quick scams.

So I wouldn't use a forms company to secure my legal right to the property.

George,First the number 550 a month in rent.Let's break it down.For the area does the 550 offer first months rent free or half off or a waiver of security deposit.If that is what is a happening with competition for the area then rent is not 550.Let's say it is 500.Now look at the 500 per month.You will need to deduct your rents for crappy stairs to walk up,a sloped parking lot,no amenities,if you do not have a washer/dryer place for hook up etc.Your rate will now be considerably less than the 500 others are charging.If I am a tenant looking for a place I want the level lot,ease of walking into my unit,do not like tenants above me,ample and level parking,amenities,place to do my clothes.Buyers on resale will more likely want a 12% cap.I look at a lot of apartments for clients.This one to me is a pass.It has too many negatives going for it that make it hard to rent and retain long term tenants.Again that can be solved by a below market rent rate to make up for the problems it will still have after rehab.

(*I understand that I am taking a risk by owner occupying to secure the loan and then quickly leaving for another building and I can deal with that*) I am also planning on using a HELOC that I have obtained from my primary residence to finance some of the down payment.Any advice or thoughts would be greatly appreciated.

A girlfriend that was with him gave me a check for $400 toward the $753 first month and $753 security that was due at lease signing.