The name sounds somewhat intimidating (like a betting loan shark), can you shine some light on this?  

Sharks, take off you fins!

I found a lot of sharks at my Local REIA, offering me "Great Deals" that their pocket buyers passed on.

They're having a a meeting tomorrow (May 9, 2019) and it's a version of Shark Tank for real estate.I'm going and hope to see you there.

I did some searching on valuations on Prop. shark and other sites, but nothing gave me a good price comparison.  

And in the situation as described, the judge or jury always sees the homeowner as a victim, and the real estate operator as the shark wanting to make money at the expense of the homeowner. 

Just look at the history of a show like Shark Tank - it's hard to predict future outcomes.When you buy deals that cashflow, you have a realtime handle on your success.

I also hope to meet many birddogs and wholesalers as I have created a pool of sharks I need to feed with deals.See you on the board!

Study the basic aspects of good underwriting first, then you begin making exceptions to the rules, some exceptions are acceptable within prudent lending guidelines, some aren't, they are spelled out in Fannie Mae underwriting.Every residential loan is viewed from the base line of secondary market, if Joe makes the loan, it's based on secondary market, if Shark HML makes the loan, it's conservative collateral lending still under `secondary guidelines, with compensating factor to collateral borrower experience, etc. if you're buying a note, you going to hold it to term or do you want the borrower to refinance someday?

The property management company  was horrid and I lost s lot of during the recession.