I deal with investors who have excellent credit scores and solid investment portfolio's and all are full documentation investors, no stated income.

Should you become delinquent, they may be in a hurry to foreclose given that you may be the only property owner left in their portfolio with equity left in the collateral.

I'm a new investor and are looking into several ways to build my portfolio.

Around the first week of December, Madoff told a senior employee that hedge fund clients had requested about $7 billion of their money back, and that he was struggling to pay them.Investors have been pulling money out of hedge funds, even those performing well, in an effort to reduce risk in their portfolios as the global economy weakens.The fraud alleged here could further encourage investors to pull money from hedge funds."

**Ask for a portfolio that you can take a look at.

I have been a contractor for alot of years and have always been interested in real estate, so finding decent deals and fixing them up isn't a huge problem.Still working on exit strategies, talked a good bit with a local portfolio lender and looks like I will be able to get permanant financing after the rehab with them.Going to work with a hml and do most of the work myself, while expensive this should allow me to increase my reserves slightly during the project and then refi with no cash out, hopefully straight into the next project.

If you use a hml for the purchase then a rate/term refi based upon the true value of the property will not be an issue so long as you meet all qualifying criteria.This is still possible with cash out but you'd need to use a local bank or portfolio lender.

I have read quite a few posts about how you can get a portfolio commercial loan to either combine all or some of the conventional loans or purchase new ones.

I'm currently in the process of trying to find individuals whom I can borrow money from and/or partner up with to build up a rental portfolio.

Of course the cash flow would be offset by the fact that I'm paying rent but it would allow me to get in the game and start building a portfolio..