Don't hate the game, hate the player!"

doesn't work too well in the Cleveland market due to the horrendous state of the industry players here.

MOST IMPORTANTHaving worked as an asset manager for 2 major REO players; I nor the other 100 asset managers that I worked with, ever looked at the previous mortgage balance.

Who knows the players better than the tax men.

If a borrower can't cut the deal with a bank or broker, I would not get involved.Same holds true for these investors trying to buy as investments, if they came to you, they are weak players, not at all like residential where there is a much stronger market.

Go to your REIA, find out who the real players are and ask them out to lunch.

Take a look at investors like Trump and you see how it works.In reality the biggest players regularly go well beyond 100% leverage.

Crowdfunding makes real estate easily accessible, however, in regard to institutional/syndicated real estate investments, the advice of an expert who works in the industry every day, knows all the players and their track records, and performs due diligence on each offering is a great benefit to you and comes to you at no cost. 

I still have a need to get clear who the real "players" in it are.

Music player is working.