Loan Mods On Investment Properties?
Are lenders doing loan mods on investment properties?
If so what are they looking for on the Personal FInancial Statement? Proof of income enough to cover the primary residence/personal expenses and the rental at no more than 38% DCR?
Argue the difference as the new basis of the mod?
JohnCl
If so what are they looking for on the Personal FInancial Statement? Proof of income enough to cover the primary residence/personal expenses and the rental at no more than 38% DCR?
Argue the difference as the new basis of the mod?
JohnCl
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I the program I have seen were OO, primary residence.