The SCRA modified the old Soldier and Sailor Relief Act 1940.

It is a huge relief not to have a huge loan hanging over us, we can flip some of the higher priced properties that would not meet our rent / ROI criteria and we will have the cash to hit our growth target for this year.  

I also do disaster relief when I'm not investing so I have that desire to help those in need.My biggest deal so far is $6k and my goal is to do 2 deals a month consistently.

Youngkrantz,30 decided after Thomey, the Minnesota Court of Appeals 1) invalidated a cancellation based upon the fact that the default was an immaterial single payment, and 2) reversed the trial court’s ruling that it lacked jurisdiction to invalidate the cancellation due to the purchaser’s failure to seek judicial relief prior to the running of the notice period. 

The Trustee could ask for relief from the Mortgagee and try and get a reduction in the interest rate.  

A Borrower can contact their Mortgagee or Servicer and ask for relief.  

Typically the seller's did not have an attorney and it was more for debt relief and save credit.

Become familiar with the Soldiers and Sailors Civil Relief Act in terms of leases (when leases can be broken, what the active duty military personnel must provide the landlord in doing so). 

The numbers are as followDelinquent amount $ 18,0001st $ 160,000 (amount being foreclosed on)2nd $ 54,0003rd $ 25,000Total $ 257,200 I could relief the owners from all debt by paying the total amount of $ 257,200 and put money in their pocket to the tune of $ 60,000 for the keys to the property.

The numbers are as followDelinquent amount $ 18,0001st $ 160,000 (amount being foreclosed on)2nd $ 54,0003rd $ 25,000Total $ 257,200 I could relief the owners from all debt by paying the total amount of $ 257,200 and put money in their pocket to the tune of $ 60,000 for the keys to the property.