Since the debt markets are dynamic in nature as related to interest rates and debt structures cap rate is the one constant that can be used as a guide to compare the deal to current demand.

So regardless of any personal opinions ( including my own) about how the type of services her offers, can be or not be of benefeit, Edwin has been available and has come through on this front.Edwin, By way of “nature of the beast” REI folks have to do “Due Diligence” to survive in this business.

I agree, but ultimately the best investors(not necessarily the good ones)[/i] are the best psychologists, they study human nature and social interactions and after they are done looking at your shoes......they'll look in your eyes and either feel confidence or trepidation......they can basically smell fear and treachery.....So, if you are going to present a deal to and investor...whether is a private, institutional, etc.......make sure you ask yourself the ultimate question...."

If, OTOH, I get lots of tire kickers, but no bites, I'll hold the price and address any issues that have come to light as objections.I am of the opinion that a given property has a certain value, and I will not undercut that value just to get a tenant.

The bank also has holding costs (property taxes, vacant property insurance if they carry it, maintenance, heating if the weather is extreme, lighting so the agents can show the place, etc.).

I own some commercial property in Dallas and may be able to shed some light on it.

You can do deals that are short term in nature.

It appears he's only interested in working directly with lenders.Any questions used to quantify which hard money lender can assist him will be perceived as conventional in nature and unlikley answered.

They have no financial interest in the loan - they derive income from the service fees they collect on the performing portion of their portfolio.So other than the labor-intensive nature of dealing with foreclosures, BK's and REOs there is no quarterly deadline.

Buy yourself a ground tester for 2 bucks and make sure it lights up correctly.