That said many banks don't get that aggressive on rate but they will do deals that many others would pass on.

Time is passing and I can't just sit here on the couch with my cat!  

Or was it just a deal you couldn't pass on?

The majority realize it's extremely difficult regurgitating bad deals to investors who have already passed on them at a lower price point.

Start with all the subjects from the last 2 years or so that you think appeal to you and then once you are hooked listen to everything else newest to oldest. it is free, entertaining and in just a few weeks it will give you a pretty complete "education" on everything that is out there.

Although she is questioning whether being an accredited institution really beings any value if you can pass the exam with either one.

Darius, what you describe usually takes place between two investors: one found a deal but doesn't have enough money so he/she brings a JV partner with money.As a lender, it doesn't mean we would not entertain an equity investment.

We did use the 70% rule, and it passed by a good margin. 

However, many brokers issue CDAs, as Fred mentioned, which alleviates the reposrting responsibility (in their opinion) because the funds never passed through their account to report, since we issue a check payable to the agent, per the brokers instructions.

I don't want to take on too much too early but I also don't want to let opportunities pass while I have the leverage.