On the institutional side, investment bankers are the best examples of placement agents / advisors. 

Michael Blank’s deal analyzer is good for up to 150 units or so and non institutional investors.

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.

It is here in Kansas City about a mile from the football and baseball stadiums, (Royals and Chiefs).  

I finished my bachelor’s degree in business from Southern Illinois University - Carbondale, Illinois and took my first job out of college with Hunt Construction Group as a field engineer on the $250 million Kansas City Royals baseball stadium project.

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.