Originally posted by Jeff Tumbarello:Adwards is a waste of money No truer words have ever been uttered.

Gary,Did you ever find anything out about these folks?

Mike, you're right, what ever debt you have, you'd be richer if you didn't have it.

My main concern is that I don't want a large lump of money to ever just be "gone".

This has to be the most frustrating thing I've ever dealt with.

(even in this market)...97-100% LTC for Multifamily developments....Does anybody have any experience with them EVER closing a loan or even knowing of anybody Lending 97% through debt, mezz and equity???

This is considered the largest annual decline since the last recession of 2001 when banks started tightening credit.The Federal Reserve also conducted a survey in April this year of senior loan officers which reflected that 55% of American banks had tightened their lending requirements for commercial and industrial loans to small and mid-size businesses. 70% of those surveyed said they have made the loans more expensive.With the Federal Reserve trying to keep interest rates low so that money is available to jump start economic activity, the banks are not going along with the plan by holding on to their money.

By that I mean you can buy a house with a contract only, find an end buyer, and collect the difference at closing without ever taking title or putting up any money!

That's far more than vista print would have ever done.

She doesn't want to ever do real estate to be honest with you.