I hope to be a vital member in the future.

In that case, the above modifications would likely give you a higher return on invested capital(except in the "floor" case, where you only net another $50/month, but even that is pretty close.)  

For long term rental investors, the skill of negociating a better purchase price (don't overspend) is vital.

I’m not sure if the modifications where approved but that would be something I would look into.

Trying to find the right balance of getting adequate vital coverages but not overinsuring.

We can also help with loan modification, renter placement, and bankruptcy attorney referral, but these options are also quite unappealing to a distressed owner.

Notes, Partners, Legal, IMPORTANTissues surround buying notes, modifications, buying and selling them, besides the SEC issues you can bump into, you need to really need to understand what "Note Brokering" is and what mortgage brokers do.

After reading the BP article on How to Start Wholesaling, it appears that I have overlooked a very vital step in starting my wholesaling business.

In situations where we foreclose on a second, the property is vacant, and the first is still in place, here are few options we may pursue:You can reinstate the loan and start making payments, while living in the house or with rent from a tenant (this may not make the most sense with high mortgage balances and payments or rents lower than the mortgage payment).You could try to reach out to the previous borrower to get a homeowner authorization to assist you in working with the first (for example, with short sale or loan modification).

Also start by getting credit cards when you turn 18 and build that credit because credit is vital.