Yeah, the "flip" that flopped.
Still, I estimate she's out about $60,000 (assuming she made 24 payments).
From looking at a couple pieces on this I don’t think she made very many payments and she refinanced the house after she bought it and used part of the money to loan her election fund $60,000. Which I’m guessing she will still get paid back to herself. Both loans were zero down; the first for $535K and the second for $578K
She may have never made a payment and profited $40K from the deal...
I knew of a lawyer once that knew all the tricks about delinquent mortgages. He never paid the payments, and every six months or so he’d file the necessary remediation plans, etc. whatever they were, make one payment and then start the whole process over. 2 payments a year? Not bad!