Navy FCU was not offering a HELOC secured against an investment property (i.e. non-owner occupied), neither Wells Fargo nor the several small credit unions I called were "doing investment HELOCS right now".Details:  3/2 SFR.  

Hard Money - I was told by the real state agent that he can assist with lining up hard money lenders to at least 'secure' the deal.

The Agency’s investigations are complaint driven, so we rely heavily on the public, and our licensees to bring these individuals to our attention.

The returns quoted belong to his public REIT.  

Here is an article about the new proposasl, as well as information about a public hearing on it.http://www.startribune.com/min...

In my 40 years plus in this business I have one blemish and that was when my securities attorney told me I was fine.. and the State said I was not.. they argued .. and unless I wanted to spend 100 to 200k going to law review court..

Another example is an elderly tenant in one of my units who lives on a fixed income, social security.

I'll see what numbers I can share publicly as I am still a bit cautious on exposing too much for any tax assessor to get their hands on. 

Idea would be to restructure terms and give a 2 year extension of I/O payments for the borrower in hopes he could secure financing.

Hello everyone, My roommates and I have run into a slight conundrum regarding our security deposit at a rental we just moved out of in Atlanta, Georgia.