To all posters,Sometimes just like talking people type out things and submit things too fast to understand the implication and impact it will have on others.So when your fingers are fixing to type lightning fast or blurt out a response with the first thing that comes too mind it would be better to take a moment and think.Then put together a post of quality that can benefit the community as a whole in a positive way.

If you like finger pointing, screaming, yelling and fighting then you have found a new profession.

I spent a great deal of time doing due diligence on the front end, and spent a lot of time being sure I could extract the data from their systems (PM system and Quickbooks) to enable me to keep my fingers on the pulse, and that I agreed with their tenant screening, marketing approach, etc.

Hopefully I'll see a good offer in the next couple weeks, fingers crossed!

Maybe Steve can find the old topic where Bill and I debated this until we were blue in the fingers ;-)

Gave them the middle finger and decided to go back to Afghan as a contractor and show them who's wrong.

I'd rather spend it wisely than have it ripped from my stingy little fingers.

****In summary, as hard money lender, or as trust deed investment providers, we have to have more of a "finger on the pulse" of the real estate downturns, as our position tends to "leverage the disaster" of a down market.Luckily, a small group of us backed off a little (not enough) when the market was puffed this last time.I'm really benefiting from the feedback and different viewpoints here on BP and I agree with your comments on Orange County, I own several rentals there.HOWEVER, I'm right in the middle of trying to make another purchase there, so it would be convenient for me if the OC real estate market wasn't quite as darn healthy as it is right now.Joffrey Long**** Where I say that trust deed investors are more sensitive and have more risk if the market declines, that depends on many factors, and there are many arguments that could be posed to contradict that.

To answer your question, yes, I have done this very thing more times than I have fingers and toes.

But, the difference is one in finance and I guess someone on the street trying to figure it out....be that as it may....No problem with the spelling errors, my fingers fly faster than my brain fires, especially if I'm ticked, but I didn't mean to insult you personally Mitch, I didn't say you were a scammer, I said the deal, the system, appears to be unethical.