That is precisely what happened to many in 07/08.

Dana,Thanks for the breakdown, very clean and precise.  

Don't be afraid to reach out if you ever need any advice or direction, after all that is precisely what this BP community is really all about. 

This is precisely the work I do with many investors on these types of properties for their portfoliios.Please contact me.All the Best, Ina

Our family is 3/4 vegan with the only animal products we consume being leather and cheese, however, we are phasing both out.My position as the president of a tool company and a precision agriculture company consumes most of the time.

And I do have a good RE attorney I could consult with if needed.Any help with some of the precise steps I would need to take?  

Additionally, you are precisely asking for the secret place to buy the good loans.

Blair Russell Thank you for your precise advice, I really wanted to jump right in and learn through my failures but now realizing that could turn out badly for me.

They have a shorter seasoning period, but also a lower LTV value as well, but their guidelines for a cash out refinance are less strict and cheaper too.In any case @Gary Jouver is right though, it is definitely possible, but in order to pull it off it seems you need to have a very careful and precise plan.

Previously I used to represent financial institutions in precisely these types of matters.