Posted by Michael Morrongiello on November 27, 2000 at 16:26:42:
Amber:
If you have demonstrated that you can make the payments timely on this private loan, then its feasible to take a look at coming in and actually purchasing the existing loan you have with this private party seller (this gets her cash now) and then through a “formal” modification agreement restructure its repayment terms.
I would love to explore this further with you. Feel free to contact me.
Regards,
Michael Morrongiello