My thought process is why not make some money while you are learning about real estate and your local market.

Every possibly good deal does go through our due diligence process.

The process from the initial contact to signing was about 2 months.

It's a chemical process applied by a pro and is quite durable, and way cheaper than demo and install.

How does the process work if a person who is going through foreclosure doesnt want to sell and wants to try and save their condo, could a note investor help that person?

Have to bite the bullet and start the eviction process on all of them.  

I have never done a loan like this.. but I always wondered what the thought process wasI understand the 5 to 10 million dollar loan with no recourse.. mainly because the PG is worthless anyway as in who has 5 to 10 million sitting around to pay off a bad loan ... :) not many leveraged to the hilt real estate investors that's for sure..but if its a great deal why not snag it and if you don't like it flip it and make a few buckaroos... just a thought.

The paperwork has been submitted for the HAMP program, but it doesn't appear that they have even processed it yet.  

Be prepared to repeat the process 2-3 times if you must.

I will lead in the right direction, I will make sure that you don't make the same mistakes I did throughout my process that will hold you back.