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.

My thought process being, God forbid something happens to me they can avoid probate since were considered joint tenants.

I'm active duty military and going on deployment very soon..I thought it would be a good time to start the process of becoming a real estate agent to work my way up in the real estate field.

I'm in the process of buying my next rental.  

If you haven't used it before the sites walks you through the process which is pretty straightforward.

Somebody should include that in every real estate agent training course as so many have spread this silly thought process to buyers.

Quite frankly I lean more toward flipping because I enjoy the process of seeing something transform (though that may change when doing it for money) and also because of the potential for higher returns.