We're planning a virtual meet up in the near future. 

I’ve heard your concerns, and BiggerPockets is stepping up to provide stronger support and more robust education to empower passive investors.That’s why we’re creating PassivePockets.This isn’t just another platform; it’s our commitment to bringing transparency, education, and a true community to the world of passive real estate investing.To make this a reality, we knew we needed more than just an idea—we needed a partner with deep expertise.

I might came up with cash, but it has to be discounted.

And as we close more deals, gain experience, etc. we'll move up on the list for experienced brokers?

There are definitely pros and cons to each so I figured I would just lay out a few benefits and personal thoughts: Small banks/brokerages:Pros:- Some regional knowledge of the market- Possibility of more creative lending guidelines with bank specific programs- Sometimes they have competitive rates for their areaCons: - weak balance sheet (more strict on some guidelines, no wiggle room, inability to be flexible or grant exceptions because they cannot afford to hold less than perfect loans)- Can't scale with clients to different markets- Usually limits exposure to individual investors (they don't want one investor to be too big of a portion of their balance sheet)- Lack of experience with multiple solutions (tend to have 2 or 3 loan products they sell and are too niche to provide tailored solutions)Large banks/brokerages:Pros:- Large compliance departments that understand individual market guidelines (typically each state has specific lending guidelines that augment the national baseline)- Ability to scale into multiple markets with same lender (licensed in many states)- Impossible for individual investors to "outgrow" a large bank's balance sheet (not concerned with one investor's concentration)- More lending solutions available for different scenarios- Often comparable or better rates given the game is volume basedCons:- Can be more difficult to get fast responses if the bank/brokerage does not have good follow up systems in place (or if the underwriting/processing staff gets overwhelmed)- Bad large banks can feel less like a relationship and more like a cog in a factory (less personal)Overall, I have worked from both and worked with both as a loan officer, branch manager, and as an investor/client myself. 

Just filed so that our team can be fully up and running in the greater Tampa Bay area.

There can be many reasons for failure, and there can be many situations where investors perceive that a failure has occurred when there has not been a failure.I wrote an article for the BiggerPockets blog last week that talked about failures in the context of syndication sponsors that have turned non-responsive...perhaps that's a help. 

Since this was your primary residence 2 of the last 5 years you would be exempt from taxes on a sale up to $250k in profit ($500k if married filing jointly).

Interest is a reasonable 7% and the price/acre is in line with comps.About 10 leads on Facebook so far.

We raised the price from their original, since we did not get the down payment, but lowered the interest rate that we were charging to something a little more reasonable.