I don't think the issue is securitization, per se.The issue is partly that an entity backed by the full faith and credit of the government -- oops, I mean the taxpayer -- undertook a social mission to increase homeownership.

I talked to a bank the other day, and the loan officer gave me a “good faith” closing cost estimate of $6,673 PER property, for a total of $13,346 for a purchase value of $180,000.

As you have noticed there is tons of resources on BP, use that search bar faithfully and all your answers will be right here.Get that business plan cranking and that marketing budget solidified and get going.Godspeed on your journey

All contracts, options, or other devices not based upon a substantial consideration, or that are otherwise employed to permit an unlicensed person to sell, lease, or let real estate, the beneficial title to which has not, in good faith, passed to such party for a substantial consideration, are hereby declared void and ineffective in all cases, suits, or proceedings had or taken under this chapter; however, this section shall not apply to irrevocable gifts, to unconditional contracts to purchase, or to options based upon a substantial consideration actually paid and not subject to any agreements to return or right of return reserved.

Can't tell you yet how it's going to turn out, but I have faith in my own abilities buttressed by the knowledge base available here on BP.  

Hello BP - I tried to keep this short.I purchased my first and only investment property mid last year. I have had quite the unpleasant, while very educational, journey and now find myself lost and not knowing which di...

Move on to the next one, you can't live in fear it must be faith!

If you had faith in yourself you’d pay the $100/hour (happily) for guidance because it’s cheaper than the hypothetical “guaranteed” 3%.

If you have any Faith - tie that thing up as soon as possible.

Business financials are key for the investor today.The falling dollar, unemployment on the rise, the mortgage crisis, lack of faith in our government officials, tightening money supply by the lenders, etc. etc. etc.