For instance, if Hobo Bob begs begs $100 a day on the street corner, that money came from John Employed who earned it.

Bought Two Houses on the same street and the homeowner approached me and my business partner to see if we would buy it.

Bought Two Houses on the same street and the homeowner approached me and my business partner to see if we would buy it.

Who does this affect, it affects the loan officer that gave you the loan, that loan officers company, the investor that the loan was sold to, and also the aggregator that bundles up hundreds of millions of these loans to sell off to Wall Street as mortgage backed securities.For the loan officer and their company, they will be made to pay back 100% of all the money they made on the loan plus a $3000 - $5000 admin. fee to the investor it was sold to.

Very nice house and sold for highest price on the street.

I said, "Son, you have to act when blood is in the streets." 

Thanks for the response.It's B class 2 duplexes on same street in Cleveland OH.

I also asked about data like, if I have a C+ property in this neighborhood between this street and this street what are vacancy rates and rents for 2bd, 3bd, etc.

The SBA will have guidelines and funds available but nothing like the Wall Street guys get.

@Mark Gutierrez there are lenders putting capital on the streets.