They essentially owe over market value at the end.

That's, essentially, what 90% of wholesalers are doing to people.

Getting Started in RE investing, essentially. 

Essentially as I understand it, the IRS may view the mod as a 'new loan' there is a taxable gain from the cost basis of the NPL to the UPB. 

Essentially it was turn key all the way.

I know it is essential to get an assignment contract, unless your double closing.

Thus, I was essentially living for free and putting any excess capital into improving the home.

The point is that the two are not comparable and I hear a lot of conversations among real estate investors (maybe newer investors) where I don't think many of them understand that.Obviously for this example I didn't include any rental income that would be reinvested, which essentially is where you would get your compounding from. 

I read that in order to get a second property, you need to demonstrate that you have enough cash reserves to cover the mortgages of both properties for 3 months, essentially having 20k plus on hand. 

As the property ages, repairs become more expensive and replacement of key structural elements even more so.