There seems to be another wave of foreclosures coming but I guess the wildcard is whether the government/banks finally decide to do something real with the mortgage modifications.

Real estate investing does not have to be so hard, it is vital to have a mentor to help you to avoid days like today, save you from making costly mistakes and give you answers to your questions when you run into a problem like today.Marv RousselowLeaseOwn Homes

Mortgage modifications, if done by 3rd party, are to be licensed per the law that passed last year or a little earlier.

http://loanmodificationfoundation.com/2009/01/differences-between-refinancing-and-loan-modification/in the "article" it says "Homeowners don’t have to pay the closing costs upfront because they just add them to the loan amount but [u] and it increases the overall interest you pay to the bank over time."

Paint after major repairs/modifications are done, not before, and those shiny new appliances can wait until almost last so they don't get damaged in the chaos.

So it's vital that net returns be portrayed as materially higher than the borrowing rate.It's usually the smaller, newer companies that are at least acknowledging these expenses, though they often understate them (vacancies at 5%, maint/repairs/capital at 5% is common).I'd love to hear insights from others on this.

gma or mom needs to request a death certificate from texas vital statistics. if title is giving excuses or just slow - can them - take your business elsewhere.BJNCant sleep :|

My brother lives in arizona, He is recently divorced and having a tough time making payments on the house they bought together, BofA and the government modification folks say they cant do anything until she signs a quit claim deed which she does not want to do. i believe she is concerned about future financial responsibility for the house she doesnt live in anymore even though az is a non recourse state.my questions are:Is there anything he can do besides foreclosure?

This is an area where having a local partner who is on deed (or a member of the LLC) can be helpful/vital in opening financing doors, if that is something you want.

Seti,You have a good plan that you are looking at however, there are a few changes/modifications you need to look at.