I already have 4x conventional mortgages and that is making it more difficult to find another conventional loan.I found a portfolio lender that'll do 7/1 ARM at 8% interest, financed at a 30yr ammortization.

He broke open the back door window wide enough to stick his arm through and unlock the door knob from the inside.That's my story.On the refrigerator there was a flyer with pictures of my other houses. 

For it to be a genuine short sale it has to be an arm's length deal. 

Most people never continue to inquire after the application.If someone ever explicitly asked why they were denied, I'm prepared with reasons.

As far as % LTV, if you have ARMs and you’re getting commercial, non-conforming loans you also need to understand the lender’s ability to call the loan or change terms.

I have an accepted offer on a condo and I received paperwork showing this will be an ARM loan. 

Just sayin.Be careful how you present yourself. if you are in California, California requires foreclosure consultants to be licensed, with very few explicit exceptions.

You could contact hard money lender types, but they will charge an arm and a leg.

:P Someone even pitched me on some wonky 1/1 ARM where my rate would drop to 0% for 12 months, then jump to 5.5% unless I refinanced (which naturally they would be happy to help me with) at the 11 month mark.

Probably exaggerating, but there's no denying that the neighborhood has a very steep appreciation curve right now.In regards to the note option, I have two buyers that have explicitly agreed to purchase the house for the 700K in whatever way we prefer, including buying the note and giving us the difference.