Check public data like the assessor website.5. check on zillow or Realtor what the houses in the area are selling for.6.

@Chris Bisaillon of all the national lenders I've seen investors work with Aaron Chapman with Security National Mortgage Company has the most competitive rates and actually meets timelines.

If it hasn't redeemed in the allotted timeline you can either walk away and cut your losses or proceed with foreclosure to secure your investment.  

Navy FCU was not offering a HELOC secured against an investment property (i.e. non-owner occupied), neither Wells Fargo nor the several small credit unions I called were "doing investment HELOCS right now".Details:  3/2 SFR.  

Hard Money - I was told by the real state agent that he can assist with lining up hard money lenders to at least 'secure' the deal.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention.

The returns quoted belong to his public REIT.  

Here is an article about the new proposasl, as well as information about a public hearing on it.http://www.startribune.com/min...

In my 40 years plus in this business I have one blemish and that was when my securities attorney told me I was fine.. and the State said I was not.. they argued .. and unless I wanted to spend 100 to 200k going to law review court..

Another example is an elderly tenant in one of my units who lives on a fixed income, social security.