Sorry about your financials , When things get tough , you have to get tough , do what ever it takes , short term loan from a friend , pawn a car , sell jewelry , give blood .

If you want $6K out of the deal (though, realistically that is very tough in this low price range) you need to have it under contact at $19K.

That proves no other leak besides those.

While he spoke of large lenders as well as consumer financing issues, including a cell phone plan termination was one example, there was another hint as he was saying "anyone" which includes investors on an individual level as he was speaking to the issues of being a creditor.He also said there will be further tweaking as loans become compliant, the idea was not to limit credit which was underscored by his mentioning the higher debt to income being allowed and the other aspect he stressed was that none of this changes the old prudent lending practices of years past, his issue was to get lenders back to those prudent practice attitudes and away from the risky ploys of lending and the passing on that bad debt to investors.I don't think there will be a great number of unqualified borrowers, excepting those having gone through the foreclosure surge, as the qualifications are not that difficult, in many respects easier than in the past, it's just now we need to apply sound lending practices in making that lending determination and being able to prove that sound judgment was used. :)

Was it done illegally and can it be proved?

Prove that you can get up early, get to work on time, work hard, follow directions, get along with people, etc, etc, etc.

I'm a property manager for a large property management firm and I'm looking to start investing personally in real estate (buy and hold). In my industry it has always been encouraged to gain addition accreditation ...

Back to RE, if that property needs repairs as you mentioned, you're not likely to get an FHA or VA, unless is an FHA 203b who purchase and repairs which are pretty tough to get (most lenders don't do them).The value of the addition depends on the addition.

The only way someone can be personally involved is if the person suing proves that the person actually did something to cause the incident.

I was also having a tough time automating transaction detail specific to a closing transaction.