Here's an interesting article, but has anyone on BP had any experience of dealing with these guys?http://www.bloomberg.com/news/2014-07-07/cerberus-...

If the FHA is genuinely seeking to limit questionable loans, might this be just one initiative in a series of impositions to follow?

I am genuinely interested in a regular get together, though.Just record the meeting and convert to podcast...no biggy.

I've attended and have found the Organizer, Kyle Jasey, and the attendees to be very open and genuinely interested in helping each other.  

Those are very close.Assessments do take the condition of the building into consideration, but they are broken into two parts - building, which can fluctuate with condition and land which doesn't.As to older properties, I'm selling one for a client now and rehabbing one of my own.The one I'm selling is a genuine antique, built in 1814.

I am proactive and serious about creating genuine relationships that are going to be mutualistic in nature. 

If they take time to educate you on commercial loans and have a genuine interest, it may be a good fit.

GenusI actually just closed a seller financed deal on a three-unit rental on dec 31. i don't have a ton of experience but i'll tell you why i think that one worked. it was a FSBO, but not a seller finance offer. i called him and asked him point blank if he'd consider that, because i had a down payment ready to go. i didn't make a formal offer but i did allude to a ball park figure on a down payment i had put together. the two main reasons i think he took the deal are that A) he was a genuinely motivated seller, and B) he liked the thought of having that down payment cash in his hand now, rather than waiting and hoping that something else came through.at that point, i didn't want to make an offer because i hadn't walked the place and still needed to feel out what kind of deal i could get. i was pretty up front with him about everything. i told him early on that i was looking for a rental so i needed to limit my monthly payment as much as possible. i figured it would be best to save his time and mine if he just flat-out wasn't interested.i would assume every deal is gonna require a little finesse, every seller and every situation is a little different, but that is what worked for me on this one specific deal.

I have yet to meet a genuine mentor who won't offer the same deal in 3 months. 

It sounds like they had a genuine problems.IMHO, there is no reason to be upset with the tenant.