Additionally, cash can be an effective strategy to acquire properties in situations with multiple competing buyers, or at property auctions.In each of these situations, cash provides either the only way to acquire an attractive asset, or delivers a distinct advantage over financing. 

Weds to distinguish himself from all the others, distinct guise himself to those who only make money when a deal is done.

Lenders work with borrowers, we don't let them get into risky or bad deals.BTW, paying points is paying pre-paid interest, commercial or residential loans, private individuals are not entitled to pre-paid interest, regulated and or registered lenders are as there is a legal distinction between an individual, uncle Joe lending you money as an  informal personal relationship and one who is in the business of lending.

We have been providing dwellings that provide comfort and style with distinct management services for more than twenty years.”Entrepreneur: Craig Hall / Hall Office Park (Frisco, Texas)I've read many, many real estate books throughout my real estate investment career, but very few have been as memorable as reason Craig Halls' Timing the Real Estate Market.

Chad, it's important to note a distinction here: you only need to go the SEC filings route if you're soliciting people who aren't close friends or family or are soliciting more than one million dollars. 

That's an important distinction.

the 2nd association it resonates is the highly consumption-driven society we live in. in my area (coastal, urban southern california) i'm surrounded by 2 distinct lifestyles. there's the majority: seems like 95% of the local population who are renters, driving luxury cars, sporting fancy clothes, jewelry, hairdos, etc but obviously living paycheck to paycheck as exemplified by hardly a day somebody or the other is spotted  getting their car repo'ed by a camera crew. the rarer are the landlords, who in this area seem to be of mostly asian demographics (chinese, koreans, japanese) who live obviously very frugally: old 80s model sedan, oldfashion business cloths, always eating simple meal from home, seemingly never splurging $$$ other than into expanding their portfolio), my observance is relatively very few landlords in the area own relatively huge portfolios, each.with the advent of these infomercials and the internet (ie, BP) more and more people want to get a 'piece of the REI pie' and more power to them. there does seem to be this dream of rags to riches and while its ok to dream, do most people actually expect their life to turn around like that, as portrayed in most of the infomercials or even in the everyday setting where the masses living paycheck to paycheck, are spending their last expendable dollars not on depositing into savings acount, but blowing $20 on scratchies etc. in summary, is my observation reminds me of my days when i worked on wall st and the 'ra trace' was so obvious with dime a dozen stock brokers makin 6fig salaries at some point but blowing it on recreational drugs apparently costing thousands of dollars a pop to the point the next week they are broke again and that $ wasnt invested but wasted.  

I would love to hear more of your thoughts on the current cycle, as well as the ins and outs, and ups and downs, of CRE in general.I like the distinction between "normal" and "inferior" goods, for hedging your investment.

They can no longer make the spreads like they use while providing a decent yield to their end buyer.You already mentioned disadvantages related to the vertical model but with the horizontal TKP model, there are several distinct disadvantages: 1.Too much control under one roof. 2. 

The only distinctive difference is that instead of a consumer as the seller, you have a bank (investor) as the seller.