I have heard of tenants suing landlords for libel/slander if a previous/current landlord said anything negative about them. 

It's a lot more convenient to not be dependent on another person.I do not believe there is any negative about placing an offer and disclosing your license status.  

I cant blame the guy though, Brooklyn deals are bought with negative cash flow, because the appreciation rate is incredible right now.Its crazy out there.

I am wondering if the credit crunch on the mortgage side has negatively effected their plans to sell their properties. 

Is this the concept for keep anonymity and protection by not having your real name on the trust or LLC?

That is part of my personality indeed, but sometimes I do not know when it may be a positive or when it may be a negative.

That they were made aware of the HELOC from the beginning of the process and that their lack of timely action in no way should impact you negatively, and that you would have pursued other options previously had they informed you of the delay.

I say "would" because I can't remember if it was hypothetical or if it was the actual path he took, but it is a good read, hypothetical or not, to at least get you comfortable with some of the CONCEPTS that can make that a reality.It is called "7 Years to 7 Figure Wealth" and is available here on the site.  

Unfortunately that works in the negative too.The best thing is you're making a trip here.

I'm new to REI and will start a Direct Mail campaign in the near future. we got into the game for the sole purpose of acquiring a multi family for rentals. fast forward 3 months there are no deals on the MLS i actually came across one property with negative cashflow (that's with real numbers i.e. no pro forma)  so i'm starting this DM campaign for the purpose of finding something to buy and hold ie. flip it to ourselves while i wholesale others