He had a tax credit and they didn't apply it and then because they didn't apply the credit they claimed he owed money and then charged him late fees.He tried calling them NUMEROUS TIMES and waited hours and half the time his call was somehow dropped. 

I got caught and lost my money and more and more people are also reporting similar circumstances. 

I know that a lot of newer investors have trouble understanding the rental license process in Philadelphia and what must be done. 

.: House hack instead.I got my first four-plex via house hacking in 2021 and have flipped 2 properties (1 via Sub-to and 1 via hard money).

Figure out exactly what you want to focus on for the year and don't get distracted by the various ways you can make money in real estate.

My worry is that it is almost end of the month and he still didnt do anything at all on the project.What are my options if he comes on May 1st and tells that he has no money or that he will pay in installments?

Define unlimited money. $5M in Charleston is different than Los Angeles.

Also since the first purchase would be FHA (3.5%), I would still have money saved for the down payment on the next, probably in the range of around 50k, also could get a partner for the second, though since this will be my first two purchases, I'm leary about adding a partner already into the mix. 

Hello all, I want to become a hard money investor.

Hard Money Lending/Private Money through Spring Garden Lending How did you add value to the deal?