Loan Modification - DIY or go with a Pro?Hi everyone,Ok, I have an investment property, rented out yet costing me money every month, very far under water with BofA, want to keep the place if possible though, and am now faced with the decision: do it myself or go with a pro. It seems obvious in a way, of course, go with someone who knows what he (in this case) is doing, but I am sure there might be a trade off in there someplace. A reputable real estate professional has offered to represent me before BofA, for no money upfront or later, said the bank will pay for it. I don't doubt the man's integrity, the question is, what is the catch? almost sounds too good to be true. What are the drawbacks? Is there the possibility that the bank does not like people who are represented by a pro and therefore it lessens my chances of getting that modification? I just feel that there are probably drawbacks and, if so, I would like to know what those are before I make a decision.A short sale in the event that the loan modification does not work is on the table. Could the person maybe secretly prefer a short sale because it might be more profitable for him? I don't mind people earning a living, but I do want to know whether that is a possibility. All about pros and cons this is.I thank you all for your help, and a Happy Thanksgiving to everyone.November 21 2012 - US1YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.