In 2008 HELOCs were frozen/reduced/called due.

Wishing for a rock to crawl under and feeling like the steam roller had already run over said rock with me under it Learning on Friday March 16, 2008 why 47 out of 54 new construction Biscayne Bay waterfront condos didn't close on Tuesday March 13 as scheduled (Underwriter was Bear Stearns Oh goodie)Trying to access heloc float money on one vacation rentals (frozen).Trying to find rentors for two small MF properties (squatters)Trying to collect on mortgages for some large sales (Builders and developers all BKs but took some oil interests in lieu - that was OK).Trying to short sell 2.5 mil in property for $300K (that one I accomplished - oh goody :(I just call em "The dark days". 

This fear was realized during the GFC and I’m hedging against that.What can I do to further protect against frozen lending markets?

Lower end midwest units—- every month were issues, frozen pipes etc.

According to my bank, nobody's credit has ever been frozen as long as they were in good standing, even through the 08 crisis. 

So far, I'm really enjoying area of southern Minnesota; especially as we slowly transition away from the frozen tundra of winter, into the warm sunny summer months.

@Mashika Patrick You're highly motivated - just like every single one of the frozen dead on the slopes of Mt.

(foreclosure) Their "equity" is frozen and useless.Until equity is converted to something useful (into a loan or by selling the property) it doesn't do you any good.