Getting investor loans done with conventional lenders is tough and will get tougher.Local indy banks as you say are a great alternative. they are called portfolio lenders and they can help because they do not sell their loans to Freddie and Fannie.These small banks and credit unions don't work with brokers so brokers are not your best bet here.If you go to my blog (in my sig) there's a link there to my Portfolio Loan Blueprint that will help.

This does not mean that you can not get non FHA loans from local banks, commercial loans from banks, or private investor loans.

I seriously doubt with every bone in my body we need to be stocking up on guns, ammo, food, safes...etc.It's almost laughableI'll bet they thought it was laughable just before every other catastrophe in history.

*More Private Money?

Your best bet, if you can find a lender, is to do a straightforward refi and pay your friend off as part of that transaction.

(Trusts are how the investor group that I work for structures all of its private mortgage financing)

Mortgage-Investment.com is my favorite, with lots of FREE Private Mortgage forms and Private Mortgage tutorials.RE: Wendy Patton's materials, her books are good, and her Lease Options with Realtors Agents is excellent.Sharing materials in a REI Club is always a good idea.I hope these ideas have helped a bit!

Your best bet may be small neighborhood banks.

I bet Vegas is full of real estate opportunity.

Other companies will follow suit and their role will be to "minimize damages" for their customers....lenders, loan servicers, and private mortgage insurers.