Obama raises it MASSIVELY for the wealthy.

There are ways to do this without massive lifestyle shifts.

interesting threadI retired 10 years ago from my day job, basically leveraging from my property investmentsIt look me 7 years but it was the fact that I jumped into booming markets that made a massive differenceMix this with some small development projects..... this is like investing on steroids, speeds the processI continue investing today and growing capital. 

Do the banks not fear massive foreclosures?

Maybe if Bill Gates, Ted Turner and Warren Buffet were funding the project it would power through and be a success.I completely agree that it would be an amazing tool that would totally change how real estate is bought and sold, but the logistics and legalities would be unbelievable.

As I believe EDGE discusses on his blog, there has been a massive increase in the amount of loans defaulting beginning in 2006.

A deal in your situation sounds too close to cecoming a massive disaster--I would recommend you spend the money and see an attorney.I would also suggest posting this under the "Legal Issues" heading and see if any of the legal gurus around could give you more specific feedback.

I have the advantage of working with some very experienced, knowledgeable local partners here who have spent three years building a massive list of real estate investors all over the country.

Warren Buffet would say you want an investment portfolio that's a mix of cash, stocks, real estate, and bonds.

I am looking for a long term investment eventually leading to a massive company of building apartments.