Thanks for responding sdr. I believe both are first loans, not refi’d, so they should be non-recourse. Property is in Bellflower, CA-1.5 hours north of here.
I’d love to have him talk with you 1:1, and possibly even use you, but I’m guessing it would be tough to represent someone that far from here.
He doesn’t have any explicit hardship other than the 47% of income going to his mortgage, which leaves him 32k to live on in CA with 2 kids. His compensation is down-he’s on bonus, and there aren’t many bonuses around these days.