Hopefully, they won't allow Obama to prevent them from doing so.Mike

"RUBBS" is an alternative system to implement but in doing so, you may have to consider a rental rate adjustment so keep that in mind.I just prefer to buy apartments with individual meters and HVACS to avoid this problem all together.

did some of these loans prevent people from refinancing?

It is implementable in any big city like Tucson or San Diego?

The thread is locked to prevent a downward spiral.The lesson here is that if you don't want your deals to be torn to shreds under the collective magnifying class of the BiggerPockets community, don't post it.

*****SOURCE*****FROM CHASE BANKHOPE THIS HELP___ FYI--Im new here =)The "Making Home Affordable" ProgramPresident Obama recently announced the Administration's plan to further prevent foreclosures and assist borrowers with mortgage loan modifications as part of the Homeowner Affordability and Stability Plan.

Please tell me some tips and/or strategies you've implemented in order to find your leads, and close your deals.

Every time that I have purchased a property in a local area outside of my area of expertise, I have relied on a local agent to prevent unpleasant surprises.

(c) CONSENT TO REASONABLE LOAN MODIFICATION REQUESTS.—For residential mortgages underlyingtroubled assets purchased under this Act, the Secretary shall request loan servicers servicing the mortgage loansto avoid preventable foreclosures, to the greatest extent possible, to the extent that the Secretary, as an investor, has discretion to do so under existing investment contracts.

Matt Mathews Mathews Realty Associates Ya, I've also considered attempting to implement creative strategies, but I'll work on that as I go.