It has assets including 3 pieces of real estate.2.

These are emotional retail deals and typically are a liability rather than an asset.

I have approached 5-6 banks with deals, and none of them care to understand the asset class.

I've acquired many estate properties via assignment and acted as PR then distributed assets (real estate to m, Purchase Money Note + other consideration to assignors) but then I get stuck with any fiduciary baggage that crops up.On the other hand, it may be necessary to obtain a court order confining the sale.

For Fannie Mae the digital engine is called "DU" (Desktop Underwriter) and for Freddie Mac the engine is called "LP" (Loan Prospector) and they both also use "DO" (Desktop Originator).

If you (or anyone for that matter) does any type of financing where you have no money into the deal, you must make sure you are getting one heck of a deal at purchase, otherwise, you risk having an over-leveraged asset that could come back to bite you.

A NON cash flowing asset.

., "pre-sell" your house), then after 30 years, you have a nice asset.

Here they have a very stable asset that they can use for their retirement.

., that will be your best asset to show that even though you are young you know the business and all that it entails.