I really wanted to invest in Brooklyn since it was such a hot market but I was afraid I missed my chance.

Also, dont be afraid to report that contractor to the IRS whistleblower hotline.

The wife wants to stay so she obviously isn't afraid of him knowing where she is; she's not going into hiding, not asking to get out of the lease.

Otherwise they could be afraid that they are being scammed.

Yet another bonus in the new law.I am actually doing a retrofit (already completed it) and did not decide to utilize the space for more units as parking was already limited and I was afraid to hurt the rental income of the existing 14 units.

@Dan Colantonio absolute biggest take away from my hard money deals: Short term money is designed for short term, period.If you have concern about your financial wherewithal in terms of your ability to make payments, I would wait and save up more cash reserves.Don’t be afraid to ask a hard money lender for a longer term, if they offered 6 months, ask for 8 or 9 and see what happens.Get estimates from 2 - 3 hard money lenders.Know with as much certainly as possible that you can complete (and sell) project well before end of loan term, if your worried about making payments at 9%, you’ll really be worried about making them at default rate of 18%Factor in permits (if needed) as that could be huge x-factor in the time frame to complete project.

@Hani Alomar It was also mentioned at the BP Conference that the only people who are afraid of the recession are those that live above their means and don't have any cash reserves. 

As far as being afraid of hml...a good hml will offer extensions or try to help you out if you get into some trouble and somehow can’t pay, since they will often lose money when taking back properties.

It's a good way to keep recycling that capital.Don't be afraid of HML.

Don't be afraid to look a little bit outside of your target purchase price as well.