I just had a bank tell me they would take a 40%+ discount on a $400k asset which six months ago they would have wanted a 10-15% discount.

The talk seems to be more as if these people invested in Bank Bonds, CD's or something.

As long as the property generates enough cash flow, you may qualify based on the asset alone.Another route is to explore portfolio loans from local banks or credit unions.

But they have the affordable priced properties......in comparison to the top non affordable states in the union. its also forcing us local guys out to the Andersons and kokomos too because we cant compete with the large funds bank account.

(Banks typically want to see 1 Year+ leases).

Does anyone have a recommendation for an investor-friendly bank(s) in Burlington? 

First, the bank won't even talk to you without some formal authorization from the owner's estate.Since the owner died intestate, her estate will have to go through probate.

this is a specific need you have and maybe there are attorneys here on BP in NY that can help, but having worked with jurisdictions before - with it being early december - these officials do not move very quickly so hopes of closing before year end could be complicated.

He is securing expensive debt, not debt through a bank, isn't putting any capital into the deal and structuring the equity investment in a highly risky manner without any upside offered to the investor.

It's outside Scottsdale city limits (Maricopa County jurisdiction) so it is not subject to Scottsdale's restrictions.It does, however, have a shared well agreement with one other parcel (as almost all in this area seem to).