Two people can say the same thing, but one can say it in a "we're all screwed" sort of way, which you did, or a "well...yes there are problems and we must prepare, so do THIS" fashion as I did.

I earn my bread as a Realtor but definitely have a more creative RE mindset then a typical real estate agent.

I'd like to discuss that deal to get feedback.thanks,StevenUnder the Creative Finance area.http://forums.biggerpockets.com/viewforum.php?

As it has worked for many over 30 or more years there will still be more who are prepared to do so.

If there is >20% equity and your refi is for >80%, then you should not have to worry about a down payment, and only your closing costs may be out of pocket unless your mortgage broker can get creative.

Hey there Shirley,If you look through our forums you will notice that there is an area forum for creative RE financing!

What are some creative ways to improve the cashflow?

Hello All,I've been involved in creative RE investing for about 3-4 years now.

I am a creative person who naturally thinks outside of the box and this is obviously a great fit.

If you have limited funds you just need greater creativity.