I would have expected the PM (or his representative) to have been there the entire time.

Hello BP!

My name is Alex Anderson and I realized I never properly introduced myself three years ago when I stumbled across Bigger Pockets after searching the internet on how to evaluate investment properties...

Also, in many parts of the midwest and south, a $125K home the last 3 or 4 years represents a very nice middle class house.

If you provide the loan for personal use and with co-borrowers, like to me and my LLC, that will muddy the waters.There is also the tendency to classify to the more restrictive side, if it's questionable it will usually go to the category that is the most prudently represented which is more restrictive.Caution needs to be taken in assuming that if X or Y is present, the result will be Z, especially when the transaction will be viewed in its totality and when consideration can be given to intent or circumventing the SAFE Act.The SAFE Act was written with the broadest interpretation allowed of any financial regulation I have ever seen.

As for regulations, I am a registered representative of a broker-dealer so when we are raising capital for a sponsor, they have an agreement with us and the broker-dealer - a "posting" agreement.

There is no practical way to know when the offer was written though.It should be easy to find out whether your agent represented the buyer.

Any good attorney representing your borrower can hand you your lunch if you do.

I was on the team representing GMU and we won.

Hell, maybe even hire an attorney to represent him in this situation so that the attorney can get access to him.

Wording can be obtained from locations on the internet, and have the copies notarized.at·tor·neylawyer: a qualified lawyer, especially one who represents clients in court proceedingssomebody given legal power: somebody legally empowered by a document power of attorney to make decisions and act on behalf of somebody else