@Michael Johnson You certainly have a way with words and I've got no doubt your passion and enthusiasm will serve you well in whatever future endeavors you opt to pursue.

I got those bank failure numbers from a summary chart, but I did actually go the FDIC website here, and downloaded the data set, since you made me doubt myself ;) It looks like there were 91 banks that failed in Georgia over this crisis.

As a member of the public, the scammer served HIMSELF well.And without a doubt he brought up so many legalities others have no idea of.

I haven't done a complete analysis but I doubt there is any cash flow after all expenses.

Always doubt what you hear and verify what you read" - - it will keep you both happy and sane :)

I doubt a unsecured loan will be worth it.I agree with Jeff.

I grew up in Hinsdale but I doubt that has numbers that work.In Texas, how about Plano?

Alot has to do with the size and scope of "block" of mortgages.An individual would probably move much faster in a non-judicial foreclosure process and dispose of the property, and I doubt through any judicial process that there would be a "cram down" of the amount owed.

Bill I doubt you were wrong.

Though I don't doubt for a moment that this is the best way to go, I assume I'll have to get VERY creative.