There are many benefits to using a broker vs going direct, but just from a rate and term perspective, still maintaining your banking relationship allows you to tangibly see whether the broker can save you money and get you better terms.For example, unless you’re talking about a complex ground-up construction deal, with many moving parts, that will take significant time and manpower to execute, a good broker, confident in their abilities, will usually work with their clients and allow them to work with their existing relationships while the broker pursues and reaches out to their own lenders.

If he has payed a security deposit and no rent, this is already grounds for eviction.http://fultonstate.org/magistrate_dispossessory.ph...

I was thinking the only way anyone is going to get a bridge loan of that size for those type of assets is maybe an FHA type loan were the GOVMIT is semi forced into these areas.. for free market investment bankers I can see them thinking the risk is simply to great.. a project that size could never get off the ground as they rehab some units they get broken into and trashed before they finish the place.My friend used his cash to buy the one I mentioned.. and promptly lost 500k... 

The building from ground up can get pricy, so make sure that you get 3-5 quotes from contractors.

If you want to invest, you really need to have boots on the ground in the area you want to invest in.

Hello all,I'm very grateful to be part of this community of real estate investors and luckily this is an awesome resource thus far. 

Very grateful for being in a community where I can learn from like-minded individuals and begin and grow as an investor.

I'm starting from ground zero, but am excited to start diving in because I want out of the rat race (Yes, I too am a Robert & Kim Kiyosaki fan...who isn't?).

I am in the process of obtaining landlord insurance for 2 properties:1. 2300 sq. ft. home with 3 car garage and in-ground pool worth ~ 560K2. 504 sq. ft. condo in La La Jolla worth ~ 285K I am getting suggestions on coverage by property value but I think it should be square feet because the condo is worth about 285K and 5 miles away would be worth half that.

hello from Kissimmee  florida , thank you JOSEPH ENGLAND for your post providing all of us with all the details ,it's an eye opening and congrats to all what you do .I'm new to BP, I 'm grateful and I appriciate this company that introduce me to professionals I can learn from .