You'll need a solid educational foundation before you start.In the meantime, either get involved in real estate or business in some form.

Some banks even disallow a newly formed llc, for just this reason.

Modification usually involves some form of capitalization of the arrearage, plus, perhaps, a forgiveness of some of the arrearage.

I am an active investor in the area, and I'm hoping to form a relationship with someone interested in working with me repeatedly on numerous similar projects as they come up.Some things to note: I live in California, so must be willing to work with someone remote.

@Kevin Dougherty, Thank you for breaking all that down for me.

Using the lawyer’s usual form actually saves time and money and will ultimately be better than an internet form.

Charleston is a great market and it's home for me!

Thanks for your insight, the mindset is more important for me, like the training, one of my prof she have a small boutique she’s looking for full time, I’m interested but I need to set a side some money so I can pay for the ads and what ever.

Title insurance would be a must for me on this deal.

If you do a 1031 exchange and purchase at least as much as you sell and use all of the proceeds in the purchase of replacement investment property you will declare non-recognition of any gain including depreciation recapture on your form 8824 filed with your next return.