Certainly it would be logical to assume that limiting the sources of loans would result in high priced loans (fees and/or rates).

I put an offer on a property and now shopping for a good source to finance the deal.

Yes, they can get comps, etc. but you can get pre-foreclosure information from other sources in your area.

The most common sources of distressed properties are motivated sellers or lenders (banks).The property you describe does not fit this criteria.

In fact, one of my primary sources of deals is from failed landlords who become DESPERATE to sell.He talks about getting $100 month cashflow off his property with 30 % equity (at least at the time of purchase).

After reading and hearing multiple sources regarding how much longer this soft market will continue -many think well into 08 and early 09 I'm considering renting.

Valuation Source: First American - VP4.

At this point we are desperate to find a reputable source that can help us with real information.

If it's a homerun pitch though, I'm not going to bunt.I think the value in a HML would be to set up your end buyers that may not have all cash with a funding source for at least a portion of it.

They may be your best source of "financing".