better question- anyone have long term success and positive returns playing the south side shuffle??

For me, this would take a new options account at a specialist broker, but I'm calculating out the benefits of this "pure play" hedging index, vs the effort.As to the amount/cost of the hedge, I agree that you're mainly trying to avoid a loss if a market bubble hits or you're stuck with an unpurchased/unrented home for some time.

Usually the SEC comes into play when its other peoples money being loaned out.

Paying some amount and getting poker chips or monopoly money to use toward a purchase is nothing but a shell game, it's clearly a method to allow credits from rents paid to buy a property.

@Pierre ThernizeI just got into the long term game of buying and holding myself.My entire goal was to NOT loose my shirt on my first deal.

You have a great game plan.

Well, those are the rules of the game.

20+ years in the game.

it's just one of those things where buyers like to play the relevance of the "what do you have into it card" when it suits their needs.  

Hey Rachelle, welcome to the game.