Don't ask me how it works, but it sounds pretty sophisticated.

Trying to come up with a sophisticated menu of options considering we are cash strapped and can only pitch in about 20-30% of the total cost.

Trying to come up with a sophisticated menu of options considering we are cash strapped and can only pitch in about 20-30% of the total cost.

You are assumed to be a sophisticated buyer in MF so everyone is correct, there are no disclosure rules when buying a business, you must figure it out yourself.  

I don't know many who would bite at that; but, my circle contains sophisticated investors.

I wouldn't call myself "soft hearted" about it, although I can see the perception there.  

While I can understand that a sheriff sale could be deemed as a forced transaction (depite the fact that people are openly bidding), there seems to be no rhyme or reason why a REO sold from a (sophisticated) bank using the MLS for marketing is not an arms length transaction. 

The transaction is considered commercial in nature and the parties are expected to be sophisticated to judge their own risk.  

This negative perception leads to either no offers or low offers, and is the reason most properties don't sell in today's market.

The property was bought by syndicating capital from sophisticated and accredited investors using SEC rule 506d.