I found a way, but we would have to sign personal garauntees, which helps with the issues related to having 3 partners in a deal, but doesnt limit our liablity, which is my main objective.

I use the mail merge feature on Click2mail.com.

The main goal of the bailout was to loosen up credit.

i was in the mortage business for a several years and mainly involved with purchases.

That's another main factor no that the # of financed properties has been cut back to 4.My recommendation is to get in touch with a mortgage professional that specializes in investment loans like this.

That is completely irresponsible and the main reason the market and this country are in the mess we are in.Too many greedy and irresponsible investors along with greedy loan officers and bank CEO's all want to have the American tax payer bail them out.

For details to your questions, go directly to the treasury http://treasury.gov/press/releases/hp1163.htmNow the fed is buying commercial paper (one of the main things MM's hold) to help MM's out.

The main purpose of the 700 billion bailout was to ease the credit market between the banks, Wall Street, etc.

Further, the loan owner and the servicer (where you main the check) may be different companies, and I'm sure a change in servicing rights isn't recorded.

My opinion is not to throw away a lead that could be a good deal, especially when you're starting out.Short sale is the way to go in these cases, but you want to ensure that you're signing up properties that have a good chance of getting a deep discount from the lender.Such properties are those that have volatile features that can be pointed out and negotiated/overestimated by the lender.