That experience will be vital later on.

Some banks though I've heard instead of a loan modification they make you refi to remove the PMI.

Hey does anyone know if there are restrictions in obtaining a heloc after a loan modifications.

Later on, some modifications take place, but we have already obtained a permit. 

They have an application for "Modification of Service" and I've heard quotes range anywhere from a couple hundred dollars to $60k jobs.

utm_source=newsletter- https://www.biggerpockets.com/renewsblog/telltale-signs-youre-not-ready-to-invest/- https://www.biggerpockets.com/renewsblog/vital-importance-mentor/- https://www.biggerpockets.com/renewsblog/get-ready-to-invest/- https://royallegalsolutions.com/get-your-head-in-the-game-four-pro-tips-for-creating-a-winning-real-estate-investing-mindsetYou might want to read and follow these threads:https://www.biggerpockets.com/forums/48/topics/630353-advice-to-your-20-year-old-selfhttps://www.biggerpockets.com/forums/12/topics/625324-looking-for-financial-advise-for-getting-started?

Seems as though loan modifications could be in the bank's best interest.

Can you please expound, this sounds like vital information that I haven't heard before.

I don't know about your local area but in the last few years here in Florida, realtor's, title search and mortgage companies have had an eye out for irregularities (modifications to properties without the required permit(s) and inspection approval(s) or issued permits that were never finalized).

Kitchen - Arquilla Drive, Richton Park, ILTo improve the kitchen layout, we made a slight modification by creating a bar and connecting it to the opposite wall.