According to a research firm, around 7,349 properties in Ohio entered some stage of foreclosure in December 2006.

Theses are the types of things that the CFPB and Dodd Frank regulations set up.It is supposed to protect the consumer.I believe that's how it works.Normally when someone needs to get a credit,the lender pays the comp and the excess goes to the borrower.In your case because there was only so much yield or credit that the loan was paying, I reduced our company comp to give you more credit.

Michael Borger Hi im in the beginning stages of Real estate investing... still.

Sorry about the bombardment of questions but I'm still very much in brain picking stage.

From what I've gathered, it seems your in the growth stage. 

When you reach my age (hmm, I actually remember Kennedy getting shot, I was young but I remember) and at this stage I don't care how much "equity" I have in my properties, (which is substantial) I am more about cash flow.

As you increase in property size, down payments required can be in excess of 25% (four-plex properties and bigger typically require 25% down).This doesn't mean that you need to have the full amount for a down payment, you can get creative in how you come up with the down payment. 

We have done this from the borrower side of things, perhaps smaller amounts dealing with, but the path we used in PA was lender deposits funds to our bank account in advance to ensure funds cleared on the account, typically 7-10 business days on the bank side for deposit to clear in excess of 5k.

At this stage of my career, I felt it was a better move to hold a real asset and manage it than have some exotic debt reduction tool creating a paper liability. 

Knowing that property taxes and insurance always go up, that's an issue as well.And we're just at the very early stages of this scenario.