Who has had a note called on Sub2?

[Pete Schmidt]

Has anyone been part of a bank calling a note on a subject to purchase?  I am curious of how many people have actually had it happen.  I know it’s totally possible, and should not be taken lightly, And believe you should have a back up plan if it happens, but who has had it actually happen?  I’m not talking about the note being called because someone stopped paying..... Like a legit, your making the payments on time, paying taxes, insurance, ect... and then all the sudden the bank decides “sure, let’s go get some properties”.  Though I am no super seasoned investor doing this for decades on end here, but I can’t recall ever hearing a bank wanting to go through a foreclosure to get properties from someone who is actually paying.