If not, they will foreclose right away.Now, I've read some info that contends there are a lot of borrowers that are actually late enough on their payments that the banks really should be foreclosing.

There are not the massive commissions as he contends.

I'd caution and factor in the 45 day moratorium before getting too excited and do keep in mind that we have a republican president about to take the helm and there is still a Federal Mandate do contend with.

Ah, so there is anxiety, feeling overwhelmed and difficulty in coping, much like a string breaking in the middle of your recital, then having to transpose to a lower register to compensate for the range lost.........yes, I can understand........Why do you feel as if you must contend with this perceived ignorance on BP, it's not an anxiolytic?

I'd contend that 2% deals exist in more places that the average REI realizes.

I would also contend, there were enough regulations in place before the SAFE Act and Dodd Frank Act, it was just that no one ever bothered to enforce them on many of the smaller (and even many larger) non depository lenders in the past.In conclusion, you and I agree on many things except for the need for more regulation.

the only thing setting me apart from the other top contenders is that I have a washer dryer So what is changing?

It would typically also mean I'm not having to address things like insulation or building permits, or contend with higher ticket items like replacing the kitchen cabinets or gutting bathrooms and the like.With all of that said - having completed several dozen flips/rehabs and doing it as a full time job, I haven't run across many (any) houses that only needed strictly paint and carpet and nothing else.

https://www.news4jax.com/news/local/jacksonville/lawsuits-contend-man-burned-in-car-fire-embezzled-millions

@Karen Margrave I think we are saying basically the same thing, but I still contend that the theory holds true unless acted upon by outside influences ie. regulations.