Originally posted by "mgr1599":NEED A LENDER WHO WILL DO LOAN 40 MORTGAGES SHOWING ON CREDIT ATCREDITThere is a rule here on BP against all CAPS.You need a portfolio lender.Or you need a commercial facility.Are all the mortgages current and still open?

For those of you familiar with the real estate market in the Detroit, Michigan, Northwest Indiana, Columbus, Ohio, and other areas, you know that this is prime opportunity to build a real estate portfolio.

And they are limited in what they can do since the overwhelming majority of subprime debt is securitized and the servicer must operate within the guidelines of the sale and servicing agreement.I agree if the loans are part of an institution's wholly owned portfolio it might make sense to carte blanche modify mortgage terms across the landscape.

My wife and I believe slow and easy is the best way to win this race, but we'd like to keep growing our portfolio as we achieve experience and success.

Hey John,What it is, is that I started a real estate company about 2 years ago, built up a portfolio of over $2 million in properties, single family, multi-family.

You don't realize it yet, but you are basically at break even on your portfolio.

My strategy for the long term is building up a portfolio of rental properties and holding onto it, but I would still like to be able to get a nice return on this money right now.

Maybe it was just too small of a recession in the US.If we want to debate central banks and fiat money we can do so but that would not be a discussion really on topic.As someone who thinks there are serious problems yet is aggressively expanding your RE portfolio what are you doing to hedge or otherwise protect your position?

In 2008 we plan on extending our portfolio of projects it to include multi family & mixed use projects in addition to some larger land developments.

Start slowly while holding down a regular job and when your passive income is great enough or your portfolio is large enough go into real estate full time.