Does the rental property have to be cash flow positive if plan cures
Does the rental property have to be cash flow positive if plan cures
default and pays arrears in 60 months?
For example,
Contractual Mortgage Payment = $1,000
Arrears = $12,000; Payment towards the arrears = $200
Total payment to keep the property = $1,200
Rent collected = $1,100
Cash flow = ($100)
Alik Segal
Alik.Segal@gmail.com
310-362-6157
California Central District
Does the rental property have to be cash flow positive if plan cures default and pays arrears in 60 months?For example,Contractual Mortgage Payment $1,000Arrears Total payment to keep the property $1,200Rent collected $1,100Cash flow ($100)nk">Alik.Segal@gmail.com
310-362-6157California Central District
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