How did the 2008 Subprime Mortgage Crisis affect Note Investing, whether buying, selling, or your inventory on hand if you were carrying notes at the time?

You can get up to 10 conventional mortgages in your name.

You can borrow for up to 10 conventional mortgages, down to a price of 10k!

I then performed cash-out refinances to pay off the HELOC loans and lock the properties into a low fixed rate mortgage.The difficulty was, in my own personal experience, doing cash-out refinances is more expensive and the rates are much higher than conventional financing.  

I just listed mine in Berkley and the demand is sky high, I see that there's not to much inventory in the area so I think that has something to do with it.

@Debra MittlemanFor conventional financing, you will not get 10% down.

Garrett Beecher I believe Portland is a vey tight market with historically low inventory now, but for a good overview of that market and specific techniques that are working there, check out @tucker merrihew 's podcasts...I think he has a new one geared specifically for Portland.

I would save up some more money, wait for price seasoning and go conventional.  

I'm eager to purchase something of my own now, but would require the larger loan/a conventional loan that may not be the ideal path. 

We're also not sure our income would qualify for a conventional refinance at the high price point, and that we'll have negative cash flow (and potentially no tenants).Any advice on how to get out of this sticky situation?