My business is a single member LLC..In short I approached them with only the intentions of securing my personal primary residence and was told that bc the property had been cross collateralized with others in the old biz loan that I had no other way of securing my home either through them or with another institution.

More likely it will go to an asset manager for disposition - lending institutions need to ensure they get the highest price for their reo properties.We are also assuming the credit unions still hold the mortgages; they may just be servicing the mortgages for third party investors.

The claim on the webinar that entire blocks of single family homes will be institutionally owned doesn't square with reality.

Richard Roberts,BP is mostly a free ressource for all real estate investors, if you want to participate we looking for your suggestions.

(Member American Appraisal Institute) Appraisal.6 Further, any such amount verified by the appraisal to be owed to the defaulting party is to be paid--less a reasonable default fee that is specified within the Beneficiary Agreement (e.g., $2,000.00 is standard); and less all past-due payment amounts, late fees, other penalties, unpaid charges or special assessments.

Active participation on online social networking on BiggerPockets and LinkedIn5.

Would also be interested in how you manage a 35-unit property, what mix of BR's you like in a complex, and what you've found to be the best sources for institutional financing.

I look forward to participating and learning, and at times commisserating with other landlords. :)Cheers!

HML may be different because your not participating in the security, just lending.

There are institutions like Veterans United and Veteran2Veteran that cater specifically to prior and current service members.