Thanks for all the response I Guess it might be too early to tell now that the deal fell through??

I almost fell on the floor and told the loan agent that I paid no where close to that but she didn't seem to care.

Problem......I own a rehabbed property that just fell out of escrow.

If it fell too low, they would demand their money from you right away, or they would sell your stock and then come after you for the difference.I'm with David.

The quick story is in 2002 I traveled to southern Utah and fell in love with it.

The bottom fell out of the market before they sold half of the 432 units.

Now, if you mean they assumed they could refi out of a bad loan, then, at best, they fell prey to the same overly optimistic outlook as many others.

My husband and I fell on hard times with job-loss and illness and had to file a ch7 that was discharged 3-29-07.

Aside from cheating in FL, it was from imposing fear on the public that Gore would be much worse and all us Republican suckers fell for it, at least most of us did.I am a Republican, so this is not a left sided statement, but a fair and middle of the road position."

Here is a short list1. lack of knowledge about rehab 4fam 135k needed about 10k in work.2. lack of knowledge in management-fell for every story3.