The lead lender can be responsible for shortages.

He needs the tenant to help offset the very high mortgages in Hawaii and because of housing shortages in Hawaii, he can select the very best of the best.

They will adjust your payments to cover the escrow shortage.

I guess the downside is the loss of the deal in the first place (not that there is any shortage of people needing funding) and then the idea Ann Bellamy brought up about a BK trustee clawing back the property I had taken through this process.Might create a big mess.Still not sure.Thanks for your responses.

No shortage of sunshine out there and since it's been 70-80 degrees where I am in Venice, it must be nice and toasty out there!

The lender will look at their assets though, so if they have a lot of money in the bank or mutual funds or those types of things they will want them to try to remedy the shortage themselves.

The great thing about this market is that there is no shortage of tenants.SO, good luck.

Problem is a shortage of cash on my part for the downpayment.

$600 billion, not $600 million, although there was such a typo in the Wall Street Journal,The Fed buys bonds, which creates a shortage of bonds relative to all the cash out there that would otherwsie be invested in bonds, which creates excess liquidity since that cash needs to be invested elsewhere.

Unfortunately, what might have been an acceptable price two years ago is overpriced right now.Do you have the assets to bring cash to the table to pay for any shortage?