With historically high rates of default on home mortgages lenders are facing many more foreclosures than they have in the past. This allows for short sale investors and pre-foreclosure specialists to thrive in the cur...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

There’s a lot of buzz these days about Hardest Hit Funds as the exit strategy when you own a delinquent note on the way to REO. Sounds simply amazing. Seems there’s always an “angle” to work.Having spent nearly my ent...

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Your $700 Billion in bailout dollrs at work.

Check out the latest:

http://www.reuters.com/article/ousiv/idUSTRE4AD4RF20081114

:cool:

Over the past two weeks our law firm has seen a new trend in our market. We are seeing the real estate investors who bought large numbers of property, finally start losing their ability to pay. The typical scenario an...

Working through a messy permitting issue in Los Angeles, CA.  LADBS is requiring installation of a fire sprinkler system.  I plan to submit for a modification.  Does anyone have advice on an alternative Active Fire Pr...

Has anyone done an extension on an open ended loan?  I am familiar with the concept, but not so much with the nuts and bolts of how to get it done.  I believe there needs to be a new note and security instrument.  Not...

Hey BP community!  I have the chance to buy a fire damage house at a good price through a wholesaler.  In my due diligence, I contacted the city code office to make sure there are no deal breakers- there might be.  Th...

She's behind on payments.

Her loan is with Litton. She says they denied her last loan modification.

She wants to sell but I thnk she said she re-applied dor a loan mod. I suggested she do a short sale.

She's u...