The Texas ones barely break even, but those are at least 15 years investment (Better than 401K...

Very true Josh, and while there are more residnetial investors on this boeard, there are some of us who participate in the commercial world, so post away, ask away, answer away and reap the benefits of such an amazing forum.

It's a great community, I hope you jump right in with questions and participate.

Meanwhile the back-ground noise in the call center drowned out the conversation so much that I could not hear the person I was speaking with and could barely hear my own thoughts.

Do upload a profile image when you get a second so we can better relate to you as you participate on the site.See you around BiggerPockets!

We have some banks that want full bank statements, others barely look at a bank letter (or insert fake POF from the web here).

Jump in, read, participate, and network, and you'll begin to realize the power of BiggerPockets!

I participate in some of the meetings giving them our top down view of the market and share the methodologies of how we perform market metrics.

Then, cut back your living expenses to the bare bone and save like crazy to accumulate the twenty grand or at least enough that you could borrow the rest.I would assume the LTV issue wouldn't come in to play if this was a standard 30 year fixed loan with normal terms.

And that is not shown only by their increased number but also by the average period that is nowadays required to close the process and also by the increased level of authority for servicers to participate in short sales.