The process starts when the borrower stops paying.

Borrow against your 401k if you have one to borrow against6.

Certainly, if they're trying to buy a new house shortly after selling an existing on subject to, the new lender is just going to treat the old loan as if its still in effect and the borrower is still responsible for it.

Bill GulleyI am still awaiting more information from the realtor on this property, once I have that FMV and current mortgage I will upload it.Brian GibbonsI have a question, now that you say you negotiate without realtor assistance, how do you get to the seller's contact information when a realtor either loads the listing to MLS or sends you the listing?

When I analyze the target market to determine the rent or loan payment, I always factor in this consideration; if you do not make it possible for the tenant/borrower to enjoy life by having enough money for an occasional family night out on the town or a backyard BBQ with friends, they will turn into a landlord hater and take it out on your property.Happy tenants/borrowers are great payers and take better care of the property.This has been my experience.

I said I’d pay the difference, but then some "cost of lending flags" came up because I wouldn't be borrowing enough to justify them processing the loan.

For years, the U.S. government has been adding to its debt with absolutely no exist plan or any basis of the results.One of the U.S. largest financial supporters is now experiencing its own financial challenges - China.Four of the most concerns to me, 1) too many people are already forgetting the lessons learned about too much debt and the results; 2) the growing number of people who rely on taxpayer assistance; 3) the cost of living is escalating while buying power has been on a steady decline for more than a decade; and 4) the number of people in the workforce is at 1990s levels.Another major concern is affordable housing.

I'm also in the DC/VA/MD markets so if you get to the point where you need some funds for your deals send me a message and we can discuss how my company can assist you in your endeavors.John

It's as old as the two that broke down, so I figure I'm living on borrowed time.

Find a few small builders - they are usually tapped into the same commercial lending.These small local and regional banks are dying to lend to qualified borrowers.