Exit Strategy: What If There Is No Way Out?

One of the great wonders of modern life is the ability to borrow -- and borrow and borrow and, well, you get the idea.

I always tell folks there is no shortage of either lenders or loans, the real question concerns borrower preferences. If a borrower is sufficiently "motivated" then there are always loans to be had. Of course, when there is sufficient motivation there are also borrowers to be had, a thought which brings us to the subject of loan-to-value ratios.