A basic rule of thumb, but not applicable in all cases is that a loan from a broker may have slightly higher initial fees/closing costs, but brokers can often get you a better interest rate.

The 3 rules to successful flipping in any market. 1.

and your wasting your time..hard money is private money, its not the same federal money(conventional) hence the restrictions are not the same..

A simple rule of any kind of investing (let’s use the stock market for an example) says that a stock with a skyrocketing price is going to be popular and therefore should be bought.

True, it can depend on state laws, but as a general rule I always shoot for a promissory note that converts to cash at closing.

Are there any restrictions regarding buildings, ...?

I don't know what restrictions would apply, I also don't know how the bk laws work in California.. your client would need to contact a bankruptcy attorney for that..this of course should be his last option.

., husband and wife).After further research, I discovered that there are actually two (2) exceptions to this rule, which are as follows:1.

TXI'm happy with the realtor I am working with so I really don't want to chase him off but being this is the first rental property I'm looking for (as you may gather from other threads "rule of 100"), guess I may be trying a little too hard.The point is, in a level market (generally speaking) how do you or how much can you justify shaving off an asking price from out of state without p--- off the realtor and having the seller laugh at you?

OTOH, we've been married for 25 years and our rule is; one says no, then it's no.