You can't really help at that point.Once an owner's file hits the lender's lawyers' desks, that owner is going to have to either fight foreclosure (which is expensive and a big pain and arguably futile) or try to work with loss mitigation to get a short sale through (or pay off their note!).

In response to this post.Alex entered our program which invests in real estate with no money down.

Mitigated loss.

Mitigated loss.

How much you will be charged depends on several factors.Are you investing in a state with a complex tax return/tax laws.New York, California, New Jersey have slightly more complex returns/laws than say Pennsylvania or Maine.Are you generating a loss from the syndication which requires complex NOL/Passive loss carryforward forms. 

I work with MANY lenders that can lend to both individuals and LLC on the same loan program.

My suggestion is you buy a house you want and if needed use a down-payment (dp) assistance program.

With conservative assumptions (10% vacancy, 10% PM, 20% down, 20 yr term, 5.75% rate) and the limited information, I show a total loss of about $202 the first year.

For Medicaid there is a 5 yr lookback on assets/funds - Medicaid can pay for assisted living - however few facilities work with medicaid (or whatever the program is called in your state - in KS it's called HCBS - Home & Community Based Services)  - I'm not fully educated on medicare which kicks in for SNF - skilled nursing facility -- so I do not know the nuances of that -- if there's proof of elder abuse regarding funds I'd guess the local authorities and possibly Medicare/Medicaid could come after the guilty parties.

I would highly encourage you to take the city's free landlord training program.