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Results (3,568+)
Collin Hays Refinancing my STRs at 2.5% 30 year fixed!
27 March 2020 | 22 replies
Lenders will probably be willing to work modifications with those that need it.  
Chris Lopez Denver Coronavirus updates and Q&A
16 April 2020 | 72 replies
Credit Reporting During COVID-19")This advisory from Stokes Lawrence says two interesting things:A loan modification is normally classified as a "troubled debt restructuring" (TDR), which negatively affects credit.
Kevin Zolea Advice to a Newbie Under Contract & Stuck
30 March 2020 | 19 replies
Modifications to your contract, assuming you have a contract, are legal matters so your real estate agent shouldn't be legally involved with modifying your contract.I agree with some point of the other two posts. 
Scott Trench Mortgage Deferral for ALL residential Real Estate
26 June 2020 | 36 replies
There is guidance on the FHFA site for mortgage modifications and forbearance:https://www.fhfa.gov/Homeownersbuyer/MortgageAssistance/Pages/Coronavirus-Assistance-Information.aspxThis appears to be the revamped HAMP program. 
Bob Malecki Commercial Mortgages on Brink of Collapse
24 March 2020 | 7 replies
I do know (personal experience) commercial lenders have reached out to borrowers in the past week or so and are already started dialogue on workouts / modification / forbearance plansLet’s see where this goes, it’s just the beginning of the movie
Keith W. Exit Strategy for Lease Option Buyer
10 April 2020 | 16 replies
Includes Sample Documents and Practice Aids, Fannie Mae Information, Freddie Mac Home Affordable Modification Program, and more.The foreclosure survival guide: keep your house or walk away with money in your pocket, by Stephen Elias, Nolo, 2019Covers workouts, foreclosure, and walking away.
AJ Sekhon PPP Multifamily ineligibility
15 June 2020 | 11 replies
I have written to all of my Senators and Congressional Representatives requesting that they require all commercial lenders with government-backed commercial loans (Fannie Mae, Freddie Mac and HUD) to defer commercial mortgage payments for the same duration as tenant evictions are stayed, with all deferred mortgage payments to be automatically added to the loan term - no modification. extension or balloon payment needed.
Ellie Narie What are the legal steps to make tenants pay for their own trash?
10 April 2020 | 5 replies
@Ellie NarieAny modification to an existing lease has to be in writing
Nas Zidane Floor plan dilemma with my flip
9 May 2020 | 36 replies
Or simply flip that larger space with the kitchen at the back and the living room at the front.The third the way it is labeled may look like less space as you have a dining room in that plan, but not in the second plan-guessing both are meant to be the same.Theresa,With the house being Pier and beam the plumbing shouldn't be that expensive the only expensive part would be removing the wall since I believe it's load baring, I've made some modifications on the laundry room area as shown below, and thanks for the idea of re-locating the entrance door, I might actually consider it if  entering to a wall is not an issue anymore  
Judy Sumner Hard money loan default
13 April 2020 | 2 replies
Any thoughts on a loan modification, etc?