this basically mirrored my experience w/ WF- some helpful individuals, but the institution itself...hmmmI am very glad you found another option, Sergio!

But the analysis I use, for example, on smaller rental properties is just the same as an institutional investor who buys for cash flow on larger income properties.So brush off your commercial knowledge, bolster up your courage, and go out there to buy some deals for yourself:) I think it's a lot more fun (and profitable).Best of luck and let me know if I can help!

I'd love to participate in a local group too.

Would anyone know of a bank or lending institution that would use notes as collateral to offer a credit line.

It looks like December 11th is a green light.Even though I know some of you pretty well, please send me:1) brief bio2) summary of your current business model3) investment experience.4) top 3 goals for 20145) the possible obstacles.6) What would be the greatest value you could receive from this mastermind group.7) What would be the greatest value you could contribute to this mastermind.I expect that everyone be ready participate & contribute.No wallflowers that just drink beer & munch on hot wings & ask for help.Would you still come if there weren't hot wings & beer?

@Thomas HeilGo around and talk with some local banks to see if you will be able to get a new mortgage on the place (If you need to cash the guy out rather than a Subject 2 situation).In my experience most institutional lenders don't want to do loans less than $50K generally.

I want to thank everyone who participates in this discussion in advance.

Get engaged, participate and have fun!

http://www.forbes.com/sites/morganbrennan/2013/10/24/nearly-50-of-all-home-sales-now-cash-as-institutional-investor-activity-hits-new-high/?

Listen to all of the podcasts, join others from the Garden State as they do meet up, participate and your on your way.