The markets regain sanity… I will be able to two properties to rehab with cash.. and have cash reserves… and equity…and cash flow.Possibly from the people who bought from the snake oil guy.I don’t mean to sound rude….

These were farms, land with timber harvesting, land with some mineral deposits.

Working with a well-oiled machine is much better than working with an agent and a lender who don't know each other.

Quote from @Michelle Miner: I am currently TRYING to close a deal with them... not sure if it is going to cross the finish line.

Nothing against, but I have an issue with snake oil sales people. 

This holds true for realtors, especially contractors (I want one who talks about how he is going to do the job not tell me about how awesome he is when he built this and that and this and that, they talk to much they are snake oil salespeople)

For example, total pollution exclusion that most policies have now....lets make an extreme example and say your tenant decides to start pouring used motor oil into a hole in the ground in your back yard.  

BEWARE THIS SNAKE OIL MERCHANT. 

@Sam Yin Lol, your day sounds a lot like mine..RE is what you and I feel comfortable with.

Once the borrower is tied into these they are quite cumbersome to manage for the borrower and god forbid there is a default of any kind :)  or with the pre pay penalties and the reporting and the covenants to keep a certain DSR etc etc I mean look at all the syndicators who are leaking oil because they cant meet loan covenants..