What is accurate will be a highly regional question, I'd suggest chatting with a lender local to where you are buying.The reason expressing it as a % is never accurate is because the closing costs do not scale up and down in a linear fashion with purchase price.

It appears as if I can cherry pick the deals that have the most room in them provided I can negotiate the sale from the bank with the goal here of purchasing properties that have an ARV of >200K because they're easier to move quickly.Now I've mentioned this situation to a few people that I know who are real estate investors, and these people have all expressed interest in purchasing some of these properties.  

A term including lawyers, title companies and others in this field will magically materialize once you find a great deal.The best thing that happen to me when I started in this business is I had NO money - No credit and No knowledge investing in real estate  ----- as a result I had to to depend on creative financing - I would ---use cash partnersfinancing companies (they love to finance things that don't have wheelsdelayed settlementhybrid offersoptionsassignmentspossession agreementssubject to existing mortgagesseller refi for take over Any other ways to get my big toe in the door to potential cash flow.My opinion BANKS - MORTGAGE BROKERS/BANKERS - and Hard Money Lenders are not investor friendly and some are predators looking to suck the bucks from your profit and the spirit from your sole.If I offended any of the above - well I have the lumps and negative experience now and right to express my opinion!

Kinda like the stayed at a Holiday Inn Express.2) Once you find the (real) investors, ask what's working now.  

A lot of guys use Real Estate express.

Trickier is expressing that he lies when it suits him, is a difficult and demanding tenant, and that we've had to issue a 5-day pay or quit on him recently.

You will be saving time and making better decisions.As for this lender, meet with the owner and express your disappointment and thoughts of taking your future business elsewhere where you are appreciated.

My letter is meant to make that connection in the right way (I also disagree with your assessment that it is inappropriate; because they know that I am not a friend or family member, and wouldn't take the expression that way. 

Here is the original post http://www.biggerpockets.com/forums/521/topics/154...I have been trying to plan a next meet up as a lot of BP Atlanta members have expressed their interest in the same.

Please take your time to get to know this site, and try to post constructive comments or at the very least express yourself in a more professional and comprehensive manner than leaving a two line condemnation for something you don't quite grasp.