One glaring clue is that the e:mail correspondence will be disjointed and feel awkward to read -- spelling will be accurate, but phrasing and sentence structure will not be of the caliber you would expect from a highly-educated professional.Variations on this scam can be very sophisticated: Some operations have "mules" on the ground here in the states, and most of the time these people will not know they are pawns in the scam.

It all has to do with perception of risk and what Fannie Mae says.

Hence you have to deal with their perceptions.

Even when other sites are not similar in intent they tend to create perceptions as to what makes a site useable or effective.

But I would not have my OWN info memorized to fill out an application with phone numbers and addresses and all, so how can I expect less sophisticated people to?

People who write blogs like this are trying to sound too sophisticated, like they know too much.

I didn't really understand in the beginning that this was for your own portfolios.In theory, everything you are saying is correct and there should be a lot of interest, but I think there may be a perception of a lack of security.

Hopefully it's not because their underwriter is less than experienced or doesn't know how to read a sophisticated tax return.  

When commercial multifamily is being sold to presumably sophisticated investors, brokers prepare pro-formas, as we all know.

To those of you more sophisticated investors (@Bryan Hancock?)