I think she is looking at freeing up equity, so a S-2 or L/O won't help on cash-out for an existing investment property.Personally, I'd be leery of investing (as a private lender) even at 50% LTV with a person who had a foreclosure.

It's not that a deed is non-existent, but that title is evidenced by insurable title.

(C)That the Tenant/Buyer will surrender and deliver up the property, at the end of the term or any extensions thereof, should the option herein not be exercised, in as good order and condition as the same now exists, with reasonable use and natural wear and tear expected.

I notice he doesn't have any properties available in Houston any more, and the ones he has listed must be pretty dated cause those prices are long gone.I've been a long-distance investor in Indy since 2007, and I can agree with Jerry above that while the cash flow is decent and the homes are easy to keep occupied, appreciation has been basically non-existent since I bought there.

I have and do give $1,000.00 - $5,000.00 and once $100,000.00 deposits on a large commercial deal. 30-60 days till close, again common sense and experience shows that most properties investors deal with have some sort of a title issue (liens, tied up in probate, old mortgages from now non existing banks) that may take time to clear up - why have to keep re addressing the closing date.

The equity that he raised will be for down payment of the purchase of the existing property (30% of the total cost) and the builder will get a construction loan for the remainder of the cost.

But I think the real point is that a tremendous opportunity exists to create a market within the market with regarding to Generation Y and “banking.”

Your best bet is what is mentioned above--a private loan of sorts from a family member or friend.Also, less stringent lending opportunities do exist, like FHA.

Kind of the virtual version of water cooler talk, I suppose.

As long as our current political environment in CT exists, I don't see a lot of catalysts to turn it around.