Buying a rental with negative cash flow and betting on runaway inflation in the near future really is not the rental business.Yet another thing completely is the mom and pop investor who only wants to own one or two rentals for their retirement.

So important to have access to that information to see the journey of some of these properties.

My opinion is that you don't bet against yourself.

You can bet that all the sovereign wealth funds that are making investments in these companies are making a return.

Now the way people throw around the world billion, $50 billion sounds like milk money.I bet with the inflation our country is going to go through after this bailout, you will actually need close to that for milk.

You're not collecting the rent, but still have all the expenses (well, hopefully you don't have to evict yourself, I wouldn't make any bets about your friends)You will never be able to get a loan in an entity without a personal guarantee.

What has to happen is these end-buyers are going to need time to save up a down-payment like they normally should have had to do and that will take some time as they try to pay down their credit cards and start losing their jobs.It's going to be a rough journey for a while.

Getting investor loans done with conventional lenders is tough and will get tougher.Local indy banks as you say are a great alternative. they are called portfolio lenders and they can help because they do not sell their loans to Freddie and Fannie.These small banks and credit unions don't work with brokers so brokers are not your best bet here.If you go to my blog (in my sig) there's a link there to my Portfolio Loan Blueprint that will help.

I seriously doubt with every bone in my body we need to be stocking up on guns, ammo, food, safes...etc.It's almost laughableI'll bet they thought it was laughable just before every other catastrophe in history.

Your best bet, if you can find a lender, is to do a straightforward refi and pay your friend off as part of that transaction.