The properties appear to be in great shape with maintenance records.The bank, a CU, also said they could help me to pay the 20% down by refinancing my paid off personal home so I could hold onto my cash.I'm just in the beginning stages of looking into this. 

That sounds like the criteria that a bank would use to even lend you money.

Here is the quick and dirty; I am late cashing out an investor due to the fact that my account is currently frozen due to some red flags on how I was moving money in and out (newer account, a few failed closings, so monies came in and out of escrow, so the activity looks weird) The bank is doing some kind of anti money laundering investigation, which I am not worried about at all.

Also it ask for a cashiers check to be written for the deposit to the company auctioning off the property however if you do that and not have it written to Or your name the bank won’t give you back the funds does anyone know if they will accept the check if it has Or someone’s name on it.

Banks do BPOs before properties get listed and they have a good idea of what they want to sell it for.

What's so good about a hard money lender as apposed to a regular bank loan?

I see a lot of newer agents if they don't have a warm market or sphere to tap into.. they will get on a big producers team.. this can jump start you.out our way agencies have lead creation systems and will literally hand you web leads for listings or sales.My wife had taken a few year hiatus and to kind of jump start ( her normal business is referrals) but she wanted to work some leads and get going and it worked very well she made many sales and got a few listing which in this market is simply money in the bank. find your niche.. and remember 95% of agents all try the same thing.. you may want to specialize.. and commerical agents though dog tough to start if you make it.. its a really good business once your established.

@Timothy NeafseyHi TimothyI think the biggest challenge is getting any type of financials from them and getting financing from a bank.

If your using financing the bank requires this.

Plan is to use  $1.6m of our own money and $800k from the bank.