whose familiar with back flips

[Omja Pete]

how do you cash out after the existing property owner signs up for the new lower loan amount

[Marc Faulkner]

There are a few ways to get your money in a "back flip."
1. The first is to just sit back and collect the payments/cash flow from the new performing note.

2. You can sell the, now performing note, once seasoned, for more than you paid for the non performing or underwater note.

3. You could potentially find some one to refinance your borrower!