The problem with the bill as I have seen it is that it gives the bankruptcy court unilateral power to change the terms and conditions of the first mortgage.If the judge determined that the lender was only due 50% of the loan amount and was to be paid at 1% interest for the remainder of the term that the judge decided, lets say 100 years, the lender would have to accept that with no recourse.

One way to help your tenants is to recommend that they have their names removed from the public records available on the internet...here is a link....from US SearchSend this letter to:Opt-Out/US SEARCH.com Inc.600 Corporate Pointe, Suite 220Culver City, CA 90230 You have to provide either a police report or counselor or domestic violence counselor's letter with the letter of request.

Just about to launch the Buy/Hold analysis vs the buy/flip so you can determine the best exit strategy.Agan, FREE DEMO right here.

Christian,It is not a good idea to get your legal advice from the internet.

The answers to those two questions would determine whether I would walk or not.Good Luck,Mike

Our biggest frustration in starting out is trying to determine what direction to go in.

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Determining the Value of an Apartment B...

This will determine many factors of how you invest.

All this talk going on in the internet forums of banks accepting 50% of BPO is all talk and no walk.

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