Does anyone have any ideas how I may exit this position without getting sued by the bank and destroying my credit?

Not positive why they haven't come out publicly with this unless it is to help the banks with a larger spread by lowering their cost of money while keeping the prime rate the same for borrowers.

You can rest assured you and I will still have our investments "marked to market" each and every day, and we'll get a margin call the next day if the result isn't positive.

Let's assume that you will be able to obtain $100 per unit per month of positive cash flow.

I got into the survey work, positioning assets for oil companies in a marine environment, which led me to some networking and real estate deals, which led to my working for the investor group…..none of which are any less stressful than the previous jobs.I look forward to networking here and learning from more experienced people

Here are some steps you can take before you hire a contractor to ensure that your first contractor experience is a positive one.Have prospective contractors fill out an application – It may seem silly, but by having a prospective contractor take the extra step of getting an application and filling it out, you can assess how serious that contractor is in working for you.

I could owner-finance in a wrap mortgage, which would give me positive cash flow, but I'd have to hope the mortgage holder didn't call the due-on-sale clause.

I won't buy a property (in this market) unless it can be bought for less than 50% of the market value and it has a minimum positive cash flow of $100 per unit per month WITH REAL WORLD OPERATING EXPENSES.

Or, do it twice, and hold the third one (be into that one a bit cheaper, relative to rent), and you're in a position to keep going.

Especially with the "performance" clause in play.And in this market...no negative cash flow...always make sure you are positive cash flow.