Some argue that carrying non-performing loans on the books hinder the banks ability to lend by tying up liquidity.

http://www.huffingtonpost.com/2008/09/22/dirty-secret-of-the-bailo_n_128294.htmlDirty Secret Of The Bailout: Thirty-Two Words That None Dare UtterDecisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.more at linkofgift

You usually have a NON refundable deposit that you put down on the property as the Option consideration.

Promote yourself, your real estate ideologies and thoughtsFor those members and non-members with "outside" blogs/websites, a BiggerPockets blog can be of a benefit for you as well!

Job loss, medical issues, forced move, or some such.

(His hardship was medical bills.)

Specializing in REO's and default properties in Indianapolis and Atlanta.I also have access to notes both performing and non-performing and bulk REO's.If anyone is interested in learning more, I welcome hearing from you.Lynne

You will always personally guarantee the LLC loans (unless you have a non-recourse loan which is rare on residential) but the 4 prop max doesn't apply because it still won't report to your personal credit report.

If they had some kind of financial or medical hardship then it would be easier.. etc?

Get one please, preferably a smart commercial attorney)I hope this concept of Sugar Daddy helps you.In this climate of non-lending to real estate investors, one Sugar Daddy can free up an REI to offer low-ball offers ALL DAY.Last I heard, Standard Fannie/Freddie Guidelines limit the number of properties finance to 10.All the best, Brian