Emailed them my original message with date & time by forwarding my original message I had sent to them & after a couple of hours someone responded apologizing for not sending out the course & that it would get sent out right away and to send the last 4 digits of the CC used & address.

Is the loan based on cash flow of a business model or does it have to do with your current level of income/assets you own?

You acquired a capital asset and made capital improvements during the year.

These investors try to come as close to the 50% rule, but more flexibility must be allowed as you will need a team to property manage the asset.

sec=topStories&pos=4&asset=TBD&ccode=TBD :cool:

However, a land trust provides absolutely no asset protection.

Let me answer the question from my point of view:I would never expect a lender to advance me funds directly - the money should ALWAYS be sent to a lawyer in trust.I would expect that my lender would want his lawyer to review the agreement between us to ensure that my lender was covered.I would NEVER expect a lender to lend funds unless the funds were backed up by a hard asset with a substantial sum of money invested in the asset by the person requesting funds.For example - I will have $ 40 K of my own cash into the deal for a house that is valued at $ 180K +, but that we are purchasing for $ 160K.

I figured that Litton is the bank with the asset manager and I am planning on calling tomorrow to see if I can get any info or offer to buy directly.

Also the lenders often cut agents fees,in short sales and if they're going to whittle it better to have 6% whittled then 3%.As for not presenting an offer, yes some agents are self appointed guardians but you don't know that for sure and what the asset manager has indicated to him regarding offers.Plus as you know some lenders often ignore offers period,.even when it's presented, its a leave it on the desk I'll look at it later thing and let you know, which is never.

Question is, will a bank lend to my zero asset entity based on the facts of a real estate deal alone?