The lender we use has extended a line of credit (at prime), and normally doesn't care if you have over 4 mortgages (current limit) and requires less documentation.

But, I am constrained with economic realities that limit my offer to what you have in front of you."

The club has moved back to an educational format with a limited amount of paid sponsorship.

I imagine this has leagal and liability issues.

Is it possible to be succesful with limited savings, and only fair credit rating?

You're borrowing at one rate, and getting a higher rate on the investment you make with the borrowed money.If you borrow money to buy a liability, that's bad debt.

Traditional avenues of financing will be off-limits for awhile, but there will be numerous avenues you can utilize that will make real estate investing not just a possibility, but a certainty:•Bird Dogging – As a bird dog you work as a real estate scout, doing the leg work of locating available properties for investors who will actually close the deals.

The liability is severly limited because I don't have to worry about if 2 or 3 tenants skip out.

Isin't the 4 loan limit avoidable?

That's a pretty wide open question - probably why you have a limited respose.