| Re: will rental property affect modification?
Hi charlie,
Welcome to the forum and thank you for joining..............
The modifications given are up to the investors on the loans...........what you would need to do is to go over the financials with Chase because they might only calculate a certain amount of rental income on your financial statement.............they should be able to help you with this part of the expenses.............the only way having rentals may negatively impact a modification on your principle residence is if you had negative cash flow from each........
Chase Loss Mitigation
1-800-848-9136
Please keep us posted on your progress.......
__________________ Moe Bedard
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