Buyers/sellers are much more sophisticated and require less explanation, assistance on paperwork, and knowledge on common guidelines.

I think it's the best on the web.IMO, you are using the wrong financing vehicle if they have only one per cent down, unless they provide other collateral, that is a bad loan to start with and will not be viewed well in court if you have to go there.No skin in the game usually dicatates and option being financed along with a lease to provide possession.I would also say that you never finance inventory, small machinery, furniture and fixtures and disposables (inexpensive stuff) unless the seller wants to just dump it.

But I also see the third party gatekeeper as being a potential problem as it must be qualified.As to sophisticated investors, and for you free market types, we had that in 1932 and the public, small investors were getting screwed over, thus the SEC setting the difference between those who are qualified (who should know and can afford to lose) and those who are not.

You're competing with very sophisticated brokers that do this for a living, its called building a database!

I have a very sophisticated formula for figuring out if a property is a a war-zone or not....Drive by several times, at different times of the day and evening.Then ask yourself two questions...1 - would I feel safe walking down the street alone at night.2 - would grandma feel safe walking down the street alone during the day.

I now vett any partners I am considering to make sure that they are financially sophisticated and knowledgeable in real estate.

Everyone one of his techniques were the above applied to specific situations, such as buy a piece of machinery for $1000 and sell it for $2000, buy a car for $1000 and sell it for $2000, etc.

What about the quality and sophistication of the tenants.

Nathan Emmert I know you are pretty financially sophisticated.

He didn't try to BS me, he knew I was financially as sophisticated as he was.