Any chance of a rate modification vs a full on refinance which I'm sure will cost 10-20k?

The modifications on eleven of these loans with a total UPB of $456.5 million included extensions between two and nineteen months.

I had a tenant who asked for modifications to the home after they moved in because they had mobility issues.

As for your lease, Section 8 requires a Housing Assistance Payment (HAP) contract, but your existing lease can often still be used, with some modifications to ensure compliance with Section 8 requirements.Who Decides the Rent?

First, I went to the lender and asked if we could do a loan modification instead of me shopping around for a new loan that might not be with them at a lower rate and for a modest processing fee they did that.

*Could we deduct the expenses of any modifications made to make the home more accessible (ie adding a ramp to the front door)?

@Tim Bee look up the difference between reasonable accommodations and modifications.

It sounds like you're at a point in your project where you could make these modifications in a cost effective manner.

Are there any modifications to the written lease?

It's important to get the owners' written consent for any changes to fees or services.Another option is to include a notice of contract modification clause, if allowed by your current agreement, which may let you amend the contract with written notice.