sdrealtor, as I said before I was not advocating anything underhanded. I was however, looking into buyer motivations. My background is audits and I was questioning the information volunteered by loan applicants.

My feeling is that “investors” were rampant in SD. Many middle class families stretched and did everything they could to get into the RE market and ride it to riches.

Because housing is cash flow negative, many “investors” would never have qualified for investor loans.

One mortgage broker told me that all his loans were residence loans, although he knew full well that 1/3 or them were “investors.”

PowaySeller, since you have a subscription to foreclosure.com, can you see if a particular “investment” property had a primary residence loan? I’m not sure if that info is even available for the public to see on a particular property.