Yesterday, I talked with a man who has gotten six loan mods! He said one of his rates is 3% fixed for 5 years. Some of them had a combination of a lower rate and the loan getting pushed out to 40 years. He said the lenders knew they were not owner occupied. I think none of the balances were reduced.He has no clauses to share profits if he ever makes one. The combination of properties, which, he bought in the bubble, cash flow for now.