Fellow investors,Has anyone assumed a loan after a modification has been completed? The loan mod was early this year due to the sellers falling behind on their payments. After the loan mod HUD tacked a 33k lien onto t...

Has anyone had any luck requesting repairs and modifications with an inspectiion addendum when purchasing a short sale?

I drafted a list of repairs and modifications needed when making my last short sale purc...

Looking for advise. We are located in the Tinley park IL which is a south suburb of Chicago. I would like to talk with someone from my area who is familiar with the foreclosure and short sale process and possibly reco...

I purchased a home sub2 that was a pre foreclose. The bank is offering 2 options for modification. I pay $14k and keep 3.5% interested rate and $1900 payment or no upfront payment put interest go to 7% with $2500 paym...

Hello, I am new to this and any advise would be very appreciated.I have a 80/20 loan that were included in bankruptcy and discharged I did not reaffirmed the mortgage just continue to make payments. I did a loan modif...

On the subject of non performing notes, When discussing and implementing a loan modification with the borrower, are there usually state laws or regulations (In general and/or at all) that come into play and how much d...

I'm exploring this path as a source of revenue and was wondering what your collective opinions are, as to the pros and cons of it, from a business stand point.

Obviously, this will be a legit loan modification servic...

If a plan passes where the government shells out a bunch of money to write down principal and adjust rates to get people out of trouble what will happen to the rest of us?

Lets assume that for every house that has st...

In Bridgeport, CT to be exact.I have a property that I am looking at Tuesday that is a 2 family that was converted to a 4 family illegally. The current owner says her father did it a long time ago, she doesn't know wh...

We are finalizing our new private equity fund to acquire both first and second residential NPLs. Our current tax accountant has provided us info on the phantom income component which can result if performing a "signif...