You will pay a modification or assumption recording fees linking the already recorded instrument to you as a borrower.

They will communicate vital info between the borrower and beneficiary.

Texas is preseason #3 next year according to Vitale!

I am not sure what could crop up at that close of quarters, but if you have written policies (lease or house rules) you could explain that your lender (or insurance or partner) expects you to follow the no modifications to unit, no pets, no smoking, no guests over 48 hours without approval, one vehicle, written policy.

Positive cash flow is vital if you are planning to grow your portfolio and obtain wealth through real estate investing.

Tenant screening is vital.

Here you'll find who they do business with, how active they are, what their mortgage or deed of trust looks like, extensions, modifications, and any foreclosures they've initiated.In the end, you never really know who your dealing with until you've done a few deals.

@Adam KruseLease modification sounds like the move going forward.

b.Are they allowing for loan modifications?

Constructive input.I'd be interest in compiling the information and supporting suggestions for modifications and exemptions that may be allowed by the CFPB.The BP community could have thousands of justifications and in support to allow modifications, I'm sure that big brother will listen if requests are reasonable, keep within the purpose of the law, place sufficient safeguards in business to be conducted and that can be managed or overseen with little or no additional costs.Any takers?