Principal Reduction - The Holy Grail of Loan Modification

The Real Estate Guys Radio Show - Real Estate Investing Education for Effective Action

The Real Estate Guys

Robertkiyosaki, Realestateinvestors, Realestateguys, Realestateinvesting, Syndication, Investors, Richdad, Realestateguysradio, Business, Investing, Realestate

4.7 • 696 Ratings

🗓️ 28 March 2010

⏱️ 52 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Are lenders REALLY writing down loans for property owners - or is it just an urban legend? The topic has made headlines lately, but what’s happening in the real world? In today’s episode, The Real Estate Guys bring back mortgage mitigation expert David Lies to discuss the state of the art in real world principal reduction for homeowners and investors alike. David talks about the underwhelming success of the government’s Home Affordable Modification Program and reveals a brand new market driven solution for underwater property owners. He says you can solve your cash flow problem and achieve instant equity too! Is this too good to be true or have we found the Holy Grail of Loan Modification? Tune in and find out!

Transcript

Click on a timestamp to play from that location

0:00.0	Welcome to the Real Estate Guys Radio Program. I'm your host, Robert Helms. Been a lot of talk everywhere, including this show, about modifying your loans. But what's the reality of getting the lender to reduce the principal? That's what we're going to talk about today. If your property is underwater, it's time to lose debt now. Ask us how on the Real Estate Guys Radio Program.
0:21.6	Are you struggling to keep up with your mortgage payments?
0:23.6	Whether it's your home, vacation, or investment property, there are loan workout options
0:28.6	available. To help you sort through all the noise in the marketplace, the Real Estate Guys
0:32.1	has written a free 18-page report called What You Must Know before attempting a Loan Workout. In this special report, you'll discover the single most important thing the lender looks for before agreeing to modify your loan.
0:43.3	Plus, you'll be able to weigh the pros and cons of hiring a professional versus doing it yourself, and much, much more.
0:49.3	All you need to do to get your copy is email your request to Workout at Real Estate GuysRadio.com.
0:56.4	It's free. It's confidential. And it's yours when you send your request to Workout at Real Estate Guys Radio.com.
1:03.7	Hope is not a strategy. Start your own economic bailout plan today. Get the Real Estate Guys free report, what you must know before attempting a loan workout.
1:12.3	Email your request to Workout at Real Estate Guys Radio.com.
1:20.5	Welcome to the Real Estate Guys Radio program. I'm your host Robert Helms. Thanks for tuning
1:25.8	into our program about investing in real estate.
1:29.4	Every week we talk about a different subject related to real estate investing, and we have a group of guys, the real estate guys, that help us do that.
1:37.8	Let's meet our guys this week, our co-host, financial strategist, Russell Gray.
1:41.6	Hi, Robert.
1:42.2	How are you?
1:42.9	Good.
1:43.4	Excellent.
1:45.2	And the man we call the godfather of real estate, been investing seems like forever. Bob Helms. Always fun to be on this show.
1:51.4	Well, it is. And our topic isn't exactly fun, but I think informative, you know, we've done
1:55.8	several shows in the last year. As the market has turned on loan modifications and workouts, our number one
2:03.1	requested free report is our loan workout report. It's a big topic today. People find
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from The Real Estate Guys, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of The Real Estate Guys and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.