How will foreclosure rates effect flipping houses?

Real estate investing has changed since the closing of several lower tier banks. What will that do for people interested in getting into investing in real estate? It will definitely make it harder to cash out on a flip or rehab. I have used several B C and D credit banks like Freemont. I used Freemont several times and losing their special programs will make it much harder to get my houses financed, especially in the lower priced housing market. What can we do as investors to combat the tighter underwriting of the banks and mortgage companies that are left? The best way to work around the new rules is to offer lease purchase options or owner financing. Both of these options will allow you to get the house moved, but you will not be able to get your back end money without putting permanent financing on your investment property. I recommend trying a 2 or 3 year lease purchase. Please read my article on lease purchase options for more