It stands for Delaware Statutory Trust and is a trust / pass through entity in which a sponsor (think big real estate investment corporation) buys institutional property (apartments, self storage, commercial, medical office, etc) and then sells interest in the Trust/Property to investors.

Ok I’m just getting to the part of Dave Van Horn’s book where he explains institutional notes in depth.

I suggest you learn some more before attempting a flip on your own.To answer your questions:Hard money comes from a company or institution that lends money.

Here is why:The government has decided to debase our currency in order to save financial institutions and keep the U.S. from falling into a deep recession.

I have talked to over 20 institutions mostly on the smaller side.

You can go online and find a dozen homes at 65c on the dollar within 24 hours.The key is to find institutional and individual wholesalers.

Teachers and educational institutions are mainly to blame . . .

best places/institutions to get a HELOC, im in texas

There are a fair amount of REOs on the market and some are selling (our local paper lists the transactions and one week the "sellers" of 32 of the transactions were lending institutions).

We have relationships with major banks and lending institutions such as World Savings, Indymac Bank, Countrywide Home Loans and others.