I was mislead and should seek mediation to recover some or all of the earnest/hand/deposit money?

You are a kid and it will be hard to understand exactly what you are asking, where are you getting your money from?

Earnest Money DepositAnd if you want to cover all your bases, you can also consider saving for an earnest money deposit (EMD).

Maybe, but so far the reports are about neighborhoods where people have real money.

But all it takes is one sour deal (investor loses a lot of money) for hindsight to kick in.You're right....who you work with matters.

Hello everyone, I have recently gone under contract on a property and was able to agree to a private loan with a family member to purchase and renovate. It is currently a verbal agreement and I would like to have it s...

I have both, but LTR'S is where I have and still make the most money.

This lesser-known strategy could help you save money and reduce your monthly payments without the hassle and cost of refinancing.

Quote from @Samuel Hudson: Hello friends I am new the market and recently bought a home in Weehawken 6 months backs .Its a three family home and we are currently doing renovations Right now.The rent leveling board told me that two units would have to follow a rent of 1650 for unit 1 which has three bedrooms and another unknown amount for unit 2 which they don’t have the information for .The previous seller I purchased the property from bought it as a tax lien .He has kept the property vacant for two years with no tenants before selling it to me .However ,the previous Owner he bought it from must have had tenants .I am putting in a lot of money into renovations and want some clarity on the situation I am in .The property has been vacant for the two years and currently still is as we are doing renovation .It would be really appreciated if anyone can assist me on what information needs to be provided by from the previous seller for me to be able to set the rent based on the market value .Thank you . 

I’m new to BiggerPockets and I’m a private money lender.