I imagine they had good info to share, but for 8 grand I would personally rather pay 8 people a grand a piece for some mentoring.

Principal Real Estate Investors Financed in 2011: $1.78 billion 801 Grande Ave.

The only one ive ever had send me a deal sent me something that didnt sell on the mls so they marked it up ten grand.

I can make my cash to close number a few grand more or less appealing just by making up an assumption there, to either bring business in the door and have a 'bad news' conversation later, or I can estimate 29 days, hope I don't lose your business because of ignorance, and have a 'good news' conversation later.

When there's a few hundred grand on the table, and you've got it tied up in contract, sellers have an AMAZING ability to suddenly cough paperwork up that they previously said was impossible to come up with.

My RE agent believes the seller will accept.This portfolio is in Michigan (we live in Grand Rapids and the portfolio is over on the east side of the state -Bay City, MI).I have already received some great advice from a mentor about going to smaller local banks to look for the loan.  

Principal Real Estate InvestorsFinanced in 2011: $1.78 billion801 Grande Ave.Des Monise, IA 50392PH: 800.533.1390www.principalglobal.comOfficers: Patrick Halter, Executive Director, Real Estate; Randy Mundt, President and Chief Investment Officer

I guess I can see the logic if it was a LONG term lease with a solid tenant, or if the alternative options were just really bad.I guess I'm just more accustomed to pursuing deals that are "grand slams". i.e. - I generally don't like to buy properties unless I KNOW they're going to perform on a huge level.

We then went on to Grand Forks ND, where I got to check out Anne's proejcts.

Hi Tyler,This has been done in the past (see links):[1]  https://www.mlive.com/news/flint/2019/09/former-flint-school-celebrates-grand-opening-as-apartments.html[2]  https://www.mlive.com/news/flint/2014/09/community_can_get_a_look_at_10.html[3]  https://www.youtube.com/watch?