I am the "1 Stop Shop" Agent: specializing in SHORT SALES/INVESTMENT PROPERTIES/Creative Financing/Staging".I offer FREE tours of REO/Short Sale properties every week!

Sometimes I wonder if we wouldn't be better served if we just went with a survival of the fittest concept.Yes there are some fast talkers out there that swindled people into bad loans, etc, but in the end, the borrower signed the documents.

Figure on the low end, especially the first time.To pull that off, with a 65% loan, you'll be able to borrow about $102K.

FSBO's at this time are willingto make amazing offers just to opt-themselves out of property to stop paying inflated notes.Rentals are very good right nowsince alot of people do not have downpayment money to put down on propertybecause it is very hard to get owner-occupiedfinancing.

That tends not to be the case with high deductible plans because they are intended as more of a back stop so there is a chance these plans may not be offered in the future.

It's also quite possible that the bank will not allow you to finance property in the LLC's name, in which case the borrows will also have to apply as co-borrowers and sign the financing docs in their name.

One of my concerns about borrowing more money is all the news I hear about banks going through hard times and what the future may hold.

`(b) Purpose- The purpose of the HOPE for Homeowners Program is--`(1) to create an FHA program, participation in which is voluntary on the part of homeowners and existing loan holders to insure refinanced loans for distressed borrowers to support long-term, sustainable homeownership;`(2) to allow homeowners to avoid foreclosure by reducing the principle balance outstanding, and interest rate charged, on their mortgages;`(3) to help stabilize and provide confidence in mortgage markets by bringing transparency to the value of assets based on mortgage assets;`(4) to target mortgage assistance under this section to homeowners for their principal residence;`(5) to enhance the administrative capacity of the FHA to carry out its expanded role under the HOPE for Homeowners Program;`(6) to ensure the HOPE for Homeowners Program remains in effect only for as long as is necessary to provide stability to the housing market; and`(7) to provide servicers of delinquent mortgages with additional methods and approaches to avoid foreclosure.

Stop paying big bucks for all these classes.

The stops lenders and your worries about double closings.