Note: I'm not a lawyer or an accountant and this is purely info based on research I've done.

LTCM was a beta house and that is how the lost their money, they had loads of money in correlation trades especially in the bond areas, not pure arbitrage.The Goldman Fund that melted down recently was another example of a Beta fund, tracking correlations between obsure unrelated securities.

In my area, the bulk of the buyers are FHA, so working on pure volume doesn't work as well as it might look on paper.

You are seeking entity financing---something like this one:Documentation: No Ratio, No Documentation Main Credit Score: 400 Credit History: Very Poor Debt to Income: N/A Occupancy: Owner Occupied, Non-Owner Occupied Loan Amount: $200,000 - $50,000,000 Lien Position: 1st Mortgage Cash Out Amount: $50,000,000 Loan Purpose: Bridge Loan, Purchase, Rate and Term Refinance, Debt Consolidation, Cash-out, Heloc/Line of Credit, Construction, Forward Commitments, Equipment Purchase, Unsecured Loan, Business Loan, Equity Capital, Venture Capital, Credit/Asset Enhancement, Takeout (const-to-perm), Home Improvement - Value After Improvements, Rehab, One-Time Close (const-perm) Property Types: Five Plus Units, Mixed Use, Farm/Ranch, Condo-tel, Retail, Warehouse, Raw Land, Hotel/Motel, Office, Care Facility Housing, Special Use, Industrial, Gas Station, Other Commercial Types, Office Condo, Non-Warrantable Condo Rate Types: Straight Fixed, Adjustable, Hybrid Amortization: 5 Years, 20 Years, 25 Years, 30 Years States: AL, AK, AZ, AR, CA, CO, CT, DC, DE, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY, International Special Features Drive By Appraisal, Borrower is a Corporation, Borrower is a Church, Borrower is a Trust, Borrower is a Foreign National, Non-Permanent Resident Alien Allowed, Borrower Owns Over 10 Properties, Mortgage History Only Reviewed, Bankruptcy May Remain Open - Ch.13, Bankruptcy from Filing Date - Ch. 13, Currently in Foreclosure, (bailout), Borrower with NO Credit Score Allowed, Score Only, No Credit History Reviewed, No Form 4506 Required, No Reserves Required, Gift Funds Allowed, No Mortgage Insurance Required, No Seasoning Required on Funds to Close, No Prepayment Penalty Required, Interest Only Payments Available, Less Than 2 Years Employment, Self-Employed, Non-Recourse Allowed, Recorded Land Contract Allowed, Unrecorded Land Contract Allowed, Less than 12 Months Seasoning Refi, (using purchase price), Leasehold Property Allowed, Less Than 2 Years Employment, Wage Earner, Rural Property Allowed, Seller Seasoning less than 6 months Allowed, No Minimum Number of Trade Lines Required, Less Than 12 Months Seasoning Refi, (using appraised value), Lease Option Allowed Regards,Scott Miller

I guess this would be a JV/partnership then instead of a pure HML

From a pure football standpoint, I hope the Broncos spend some time this offseason with Urban Meyer and Chip Kelly to implement some of their concepts with Tebow.

It's a good pure accounting software that you can just handover to your CPA at the year end for taxes.

Pure science.He lit it off in a glass ashtray on the indestructible Formica desk, in our third floor dorm room.That stuff ate through the glass ashtray, through the Formica desk, through three concrete floors, and ended up down somewhere in the dirt, under the building, I guess.

Pure cosmetic work.Rent 2000http://www.zillow.com/homedetails/1211-Westgreen-B...Both look like they have an anticipated rent roll of about $2000 month eachI have a hard money lender ready to do the deal and my end goal is to refinance with a portfolio lender  in the area at 80% LTV immediatly.

We also got started in renting out our home when we were transferred and the bug bit us.We invest through two methods, pure rentals, and personals turned rentals.