I’ve had a good number of successful investments in my 47 year real estate investing career, as well as more than a few bad ones.  

If the deal goes bad and the property can’t cover the debt, the lender can come after your personal assets to make up the difference.

Home prices here are correcting, but the ROI still seems chancy, and laws here make evictions difficult even in bad situations.

Sorry for your bad experience.

(Heaven help you if it's a jury trial), you are the big bad investor that took advantage of the seller using superior knowledge. 

A good lender will keep you out of bad deals as much as they’ll fund the good ones, and building that relationship early makes your first few flips a lot smoother.Haha, I as we like to say, that rate is only as good as their ability to ACTUALLY close on it. 

Matt shares the good and the bad, including his mistakes, and the lessons behind them in detail.

If you just hire the cheapest or first PMC you speak with and it turns into a bad experience, please don’t assume ALL PMC’s are bad and start trashing PMC’s in general.

Having an expert in this field involved early, can save you from a bad deal before its too late.  

I'm curious though, did you have a bad experience with NREIG?