I've helped fund a friend's previous flips. He usually gets a hard money loan, but still needs bridge financing for the down and monthly payments. I've previously charged him between 7-8% interest, but that was over a...

Is it normal to ask for origination fees before loan documents are concluded? A private lender approached me saying to pay a fee before documents are released and before closing. It seems like a scam. I told lender...

I recently purchased a 4 unit a few months back and got stuck with one set of poor tenants that I evicted.  Their rent due was in excess of the security and although I do not have any expectation of collecting, I woul...

Curious to hear people's thoughts on recourse versus non recourse loans on apartment buildings. Pros/cons, etc. I have a great quote from First Republic but it is recourse. I can't decide if I really care. Only doing ...

I am thinking about getting enough credit cards to buy a home with them instead of using the bank..

Here is why.. I bought two homes this year and I am almost out of money.. My thought is this. If I can buy a third h...

I'm currently under contract for a turn-key investment property in Baltimore City that is valued at $129,900. I just received the documents from my lender showing total estimated closing costs of $12,400, making the e...

Would you keep a "Pet Fee" out of the security deposit?  In this instance I am holding 1.5 months deposit ($1,725).  Otherwise the tenants were perfectly pleasant.  So what do you think is fair in this instance? We're...

I need to personally guarantee a mortgage for a refi that I am doing on an investment property of mine. The property is under an LLC. I have other properties that are owned with other partners and those are also in LL...

Hello,I am just getting started in real estate and just recently bought our first investment property and was reviewing landlord tenant law in Massachusetts.I read that "Under MGL 186 § 15B, a landlord is only allowed...

I'm curious to see how other landlords feel about this. We have a tenant who has paid late the past two months. Between the late fees and penalties, it's been about $200 extra each month (rent is $985)

My p...