That's something I've never thought about, but makes perfect sense.

We have so many mortgages right now that we do not qualify to get another loan, even tough we have perfect credit.

IRS calls this a "Bargain Sale" and it is perfectly legitimate if you follow the rules.

It's good to have that security, and a home is a perfectly good place to act as a depository for your savings.If your mortgage is paid off, there is a very good chance that you have sterling credit and a very good debt to income ratio.

I found the perfect building, but the banks are not into loaning me money for the store AND building.

All of which are perfectly legal means.

I'm sorry, but you're contradicting yourself, if any loan is secured by real estate with a perfect security interest, it is a mortgage.Banks do not make non-owner occupied mortgages at 95% to God or any mortal.

To me that is the perfect situation for you both, assuming all of the other pieces are covered.

While you can still get a good deal, it is the perfect storm for a few people to make some really bad decisions if they don't do their research before they buy. 

And for those who still owe more on these homes than they are worth, selling is also not an option.With banks tightening the screws even tighter on mortgage lending this year due to increased regulations, seems like perfect timing for the HAMP Program to expire.