I'm afraid it may encourage the second group to stop making payments and it may encourage future buyers to put down as little as possible.The plan may reduce the bleeding but won't heal the wound.

Most bleeding heart nationalists would simply say: "Then get the hell out."

Plus, you've got competition from well-heeled parents buying for their kids, and fuzzy-math investors who think that if the rent covers the mortgage they are doing swell, especially when they add in 'appreciation'.Keep in mind this crop of kids is the most spoiled I have ever seen and they all feel super-entitled.

I don't know but I'd suspect you could bleed a lot more than $48,000,000/yr out of it.

Now they are even introducing a 50-year amortized loan to perpetuate rising prices as long as they can, but the bleeding has begun and unless they come out with a 60 or 80-year amortized loan soon there will be no stopping the bleeding.

I think you're gonna do swell.

Remember the "old Florida land scams" back in the 1960's? Well

The important thing is to stop all the financial bleeding that you're now experiencing via payments and fees.

Also, if i can't fill the vacancies i'm not going to bleed to death like i would with the 3 family units.

Can a massive heart attack cause that type of bleeding?