Account ClosedTo mention or notify someone in a thread use the @ symbol and begin typing their name, a window pops up below, scroll to that person and click on it.I'd also suggest partnerships rather than lending.Sometimes giving advice is like giving an uzi to a known gang member, not saying Zac is a gang member, but I'd rather be confident that any advice was used in a prudent manner, not knowing anything about this lender is an issue while knowing Zac is determined to forge ahead without a greater understanding of how these deals are done.I think that's Adam's concern somewhat, in asking who this investor might be and the relationship.Sounds like they may be some fish more than an astute money manager, I don't know, but if I'm a party to giving advice as to getting into someone's pocket who doesn't have a clue as to RE lending, I'll need to understand the details.Best advice I can give is go to an attorney......I'm getting the sense of urgency is not a good indication, screw-ups happen when you get in a hurry. :)

I'd be inclined to keep on fishing.

Doubt I'd use that to wrap fish.

(Source: National Real Estate Investor Online: http://nreionline.com/finance-investment/crowdfunding-firms-chase-bigger-fish?

Hmmm...I'm smelling fish, maybe?

Ha it is an indication of a desperate seller who is willing to train any fish that bites.

Its not the 1000 plus rental market by and large, that market is a whole nother kettle of fish...

You take a house in the big cities C class area or what I experienced in the South and any house left on its own for a year is gutted like a fish.

It's like finding a good fishing hole, keeping your line in the water, and waiting for the right bite.

I'd also drop the time for due diligence, as you can contract in a couple hours and set a closing 30 days off as customer without all the BS of exit strategies which is what the attorney will be fishing for, unusual circumstances.