There are lots more investment mechanisms that may get them into trouble without utilizing their own names. It's rare these days that investments of any kind are not owned by a joint venture LLC, S Corp, or a Limited partnership. That's just prudent business practice for the entire industry...
Most likely they were on top of the world a year or two ago at the top of the market and actually believed they were sophisticated real estate "investors" There's lots of people out there with investment properties, ARM, and overextended mortgages that don't feel very smart anymore. They...
<p>What happened to all the self proclaimed "real estate investors" in a down market? All of a sudden, all these "investors", their uncles, cousins, and buddies (typically known as "joint venture partners") are standing on the side of the street with signs? If any of these individuals are...