I don't know who "real lender" is but I do know that you are completely misinformed which doesn't stop you from expressing a totally useless opinion except to someone like the complainer (Who goes to a hedge fund/hard money lender to get a mortgage loan? How stupid is that?). "Real lender" claims erroneously that "[Dandrew Partners and Sal Buscemi] make their money by selling reo bulk software to novice investors by marketing thru email and using webinars to hype up their products by charging fees for the software." That's like saying McDonald's sells cars -- it's just flat wrong. I've done business with them for more than a year and I've never been offered any software for sale. They run a hedge fund and they deal with institutional funders (like a state retirement fund, for example) who use Dandrew to make investments that will make the fund members lots of money. So "real lender, " the only thing I know about you is that you are Really Ignorant and whether you lend money or know anything about lending is a subject for another day. I've gotten an exceptional amount of value (including real checks and a wire to my bank account!) from the business I've done with Dandrew Partners, not to mention the excellent training (on DVDs) they offer for incredibly reasonable prices. So you are right in one thing only: Dandrew is "hardly the typically [sic] lender out there." The facts show that they are making commercial real estate loans and deals all the time and in the process, their customers and students are gaining what they came for: knowledge (which for me has translated into thousands of dollars, literally), and an excellent return on their investment.
They do NOT sell software unlike, say, real estate guru Charrissa Cawley who sold me some useless software called "REILeadsPro" $3, 000 which she does not provide support for, which has not expanded beyond its original capabilities (which she promised it would) and which her husband refused to give me a refund on it because it had taken me more than 30 days to evaluate. During that time I was trying it out desperately trying to figure out how it was supposed to produce hundreds of interested buyers for my properties as she had claimed it would. Now THAT is a REAL scam! Ms. Cawley offers some materials that do have value, but that particular one did not offer ANY real value and she needs to issue a refund if as she claims, she has any integrity in her business. Otherwise I consider her a fraud like so many other of the so-called "Gurus".
Signed, a VERY Satisfied Dandrew Customer