I just had a client close on a property last week with a 203k streamline loan.

I think dealing with higher end clients will be a better option.

This is coming from someone who has worked for the banks internally and continue to negotiate these types of arrangements in bulk for our clients.

Actually you can own more but if you have 10 mortgages reporting to your credit, that's the kicker.I advise my clients to do a couple of things here. 1) if you have a 30% equity position, refinance into an LLC loan.

i think you need to explore the idea of your client building his corporate depth. as an individual he can only do so much. he might have to go to a hedge fund that works with a top ten bank and uses thier funds to set up a wide variety of programs that they as a fund service.

My problem is not getting clients.

Some Sec 8 areas try to disperse clients into SFR areas because if you group low income together, you get more problems.

Also, the fact that your initial hour is quoted at more than double the subsequent cost is a flag that many clients are not renewing your services due to lack of perceived value.

Of course should I have a client looking in your area, I will glady send them your way....thanks for your response.

The lender wants to see an ability to live up to the new terms before making modification agreements.If someone got 6 months behind, the lender will want to know what has changed that will enable the borrower to satisfy the new agreement.