by Cory BarnettEveryone knows that the government doesn’t like to lose money, and now the Federal Housing Association (FHA) has upped the ante for lenders that do not engage in loss mitigation efforts.

It is obviously best if you have a history with the bank and a relationship with one of the players at the bank.

Well, I guess if they wanted their TV, VCR, DVD Player, and Stereo to still work and their dishes to be in one piece, they should have moved it themselves!!!

Louis, Missouri.I'm a former pro hockey player, and I dabbled in real estate each off season to keep myself busy.

Having said that, I agree with most of the other replies in that L.A. has an extremely high cost of living, California is not a business friendly or a landlord friendly state, and the real estate investing competition is extremely high as well (for both small time and big time players) .

Who are the big players in the neighborhood REI-wise?

@Jon AndersonI'm not saying the people who PM'ed you are not offering you good deals (I have no idea) but I would say, get close to principal players.

BiggerPocket family, I look forward to the engagement and pushing my thinking into new directions.

Listen to the podcasts and stay active/engaged on BP.

This prevents puffing costs by the lender or never performing said services or engaging anyone and taking the money.First is find out if this person holds a license.