@Ernesto HernandezI think the mods removed it from here, I'll send you a message with it.

At that point, it is added to that property's basis and depreciated.I'm not sure if the mods will allow me to directly link my blog here but you can find it on my website; a "nicholas aiola blog" Google search should bring it right up, too :)

Hey BP Fam,I have been listening to the pods and reading some of the books for about a year now and have really fallen in love with learning about Real Estate and all the various options there are in the industry.

Are the loan mods that FHA does still a non-interest bearing 2nd?

I have learned so much since finding the bigger pockets pod cast and I am so thankful for the extensive education and thought provoking content provided ny the two awesome hosts, David and Rob as well as all their great guests. 

Generally, I think the boost for MTRs is most markets is not 3x to 4x and is likely closer to 2x (or less) So how in pod cast everyone say x3 and x4 Bills another $400-500 monthly with WiFi if my PITI is $2500so it’s $3000-$3100 So if I get on this house $4500-5000 It’s $2000 monthly cash flow ?

I'm glad the mods don't shut down threads like this, great points.

Cost of corp. in CA is high too.Its been challenging finding an attorney that really understands will & trust, many don't even know about POD.

You might want to join his free FB group, then explain you purchased the book and ask one of the mods if they can help you find the correct documents.

The loan modification would be signed by you and your borrower and filed away with the original note.Loan mods that affect the mortgage/deed of trust or your title insurance, among many other reasons, should be recorded.