I'll connect with you and you can ask me more detailed questions, I don't mind. 

The article doesn't talk about the details of the cost of customized container home, but since I have a direct relationship with the container manufacturing company in Vietnam which has done a lot of this type of project, I know the number is low and make a lot of sense. 

They they hit the news, then newspapers pick those scenarios up, I've read many reports of work for equity not working.But the devil is in the details.   

Did the current owner give you actual detailed, monthly financial statement on a and not a Proforma.Require at least the last 12 months income and expense statements. 

Please, send a PM to more contact details.

You did mention something about your budget but not enough detail.

@Ben Meagher, @Keyotta Barber, and @Johneil Irvin - the details on this event have been posted and you can find more information about it on the BP event page by clicking here.

Within 4hrs I did a walk through and that night offer was in.

Without more details, it’s hard to say but I do think that if the lender will speak with your friend, he should get on the phone with them and see if he has any options.

In the commercial mortgage space we have found that NPN investments can be divided between(1) purchasing NPNs in which we’ve had no or minimal contact with the borrower, and(2) purchasing NPNs in which we’ve worked out details of a restructuring with the borrower prior to purchasing the noteAlthough the following is in no way a scientific, statistically verifiable conclusion, here is what we’ve concluded through empirical evidence1 - purchase discounts from UPB do not differ either way2 - having borrower agreement before note purchase results in much greater chance of creating a reperforming note3 - having borrower agreement before note purchase results in much less chance of having to foreclose4 - having borrower agreement before note purchase results in borrower seeing us as an ally not as an enemyAside from 1 above, the results are exactly what you’d expect.