Note that the FDIC didn't pay the full amounts for depositors who were over the protection limits.

`(f) Study of Auction or Bulk Refinance Program- `(1) STUDY- The Board shall conduct a study of the need for and efficacy of an auction or bulk refinancing mechanism to facilitate refinancing of existing residential mortgages that are at risk for foreclosure into mortgages insured under this section.

I was familiar with separating liability, but wasn't sure if $200K was a specific number to use as limiting equity.

I am trying to pick a property, with the hope of fixing it up a bit, then selling the property shortly afterwards for a profit.What type of unit would you recommend a new investor with limited handyman ability get involved in for his first attempt at Buying and Flipping ???

., were scheduled to reopen on Monday as Mutual of Omaha Bank branches, the Federal Deposit Insurance Corp. said.The FDIC said the takeover of the failed banks was the least costly resolution and all depositors -- including those with funds in excess of FDIC insurance limits -- will switch to Mutual of Omaha with "the full amount of their deposits."

Because of the limited leads that I am getting I would invest inany sort of deal that makes sense (profitable).

Start small as you WILL make some mistakes, but keeping the investments small at the beginning will limit any possible losses.

Very limited knowledge in Real Estate Financing. 3.

I work closely with investors from all over the country, many of whom are first time investors with a limited budget.

I've been studying like crazy but I need all the advise I can get.I'd like to start with wholesaling to create some income and cash flow first.I'm considering these markets: NYC, Bridgeport/Fairfield/Stamford CT/So.Cal/Miami, FLI'm willing to relocate and drive a cab if that's what it takes to make this work.A million thanks, Mark B.