Obviously the cost of funds including fees, points, and interest rates are enough to gag a newbie who is used to conventional loan ranges, but I get this is a completely different game.I have some follow-up questions on hard money, but I will post those under a new thread. 

As I’ve been evaluating deals I’m trying to follow the 70% rule.

Regarding pets, we allow cats and most dog breeds except for the following:•-any breeds/mixes known under common parlance as “Pit Bull”•-Rottweiler•-Doberman Pinscher•-German Shepherd•-Alaskan Malamute a.k.a “Husky”•-Chow Chow•-Great Dane•-St.

As a follow up I am finally seeing some motion on the closing.

Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/meetSet up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/alertsRead Beginner’s Guide: http://www.biggerpockets.com/real-estate-investingCheck out BP Podcasts: http://www.biggerpockets.com/renewsblog/category/podcast/If you wish to tag someone in the conversation on the forum, type @ followed by their name and then select the name of that person which should appear below the comments box.

@Phillip Tamez, didn't realize you had a follow up question until you just voted on my post.

Target purchase price is flexible, as long as it's a right dealLooking to invest the first one in following places: DFW or Austin, TXIndianapolis, INCharlotte, NCAtlanta, GADid some research, but hard to make a decision.

Yes, Rents can go down...I experience rent going down in following two scenarios...Connecticut: less demand as population declining, less jobs, high tax.

Follow your state’s guidelines to send them their damage list and receipt within the required time limit to inform them they will not receive their security deposit back.

I found following Rich Dad Poor Dad a powerful way to leverage the good fortune of high earnings to pay for past expenses and protect future earnings from taxes.