All Forum Posts by: Bernard Braithwaite

Bernard Braithwaite has started 0 posts and replied 8 times.

Quote from @Mario Cordoza:

🏡 URGENT SALE! MUST SELL NOW! 🏡

Goodyear

, AZ 85338
4 Bed | 2 Bath | 1,527 SqFt | $392,700

💰 PRICED TO SELL FAST! 💰

🔥 Why You’ll Love This Home:
✔ Spacious & Move-In Ready: 4 large bedrooms, 2 full baths—perfect for families or investors!
✔ Prime Surprise Location: Quiet neighborhood, near shopping, dining, and top-rated schools.
✔ Low Maintenance & Updated: Fresh paint, modern fixtures, and energy-efficient features.
✔ HUGE Value: Priced BELOW market for a quick sale—won’t last long!

🚨 Seller’s Motivation:
👉 Need to close ASAP—will consider ALL serious offers!
👉 Flexible terms for cash buyers.
👉 Ideal for investors, first-time buyers, or downsizers.

...this post might be in the wrong place, they want to buy paper, not real property.

0 Votes

Phoenix, Arizona

Quote from @Matt Sterbenz:

We’re a Nashville-area real estate investment team buying land for prefab/manufactured home projects.
Looking for independent “scouts” or bird dogs to help us find vacant parcels that meet our criteria in Middle Tennessee.

Pay:

$1,500 for each piece of land we purchase that you sourced & sent our way
Bonuses up to $950 for perc test, survey, utility confirmation, and quick turnaround
Total possible per parcel: $2,450

Buy Box (Quick Version):

0.5–5 acres (ideal 0.75–3 acres)
Zoned/unrestricted for manufactured or modular homes
No HOA bans, no floodplain, public road frontage
Power at/near road; public water or feasible well site
Price ≤ $50k/acre
Counties: Dickson, Maury, Hickman, Humphreys, Perry, Lewis, Cheatham, Lawrence, Bedford, Giles, Wayne, Marshall + rural edges nearby

No license required — you just find the land, we handle the purchase. Work on your own schedule.

📩 Message me here on BiggerPockets and I’ll send you our 1-page scout agreement & full buy box to get started.

Can I do this remotely?

0 Votes

Quote from @Erik Estrada:

Why Choose Our Loans?

We Are Highly Rated On

Google & BiggerPockets.com

⭐️⭐️⭐️⭐️⭐️

We Offer:

✔️ DSCR Loans up to 80% LTV Cash Out/ 85% LTV Purchase

✔️DSCR as low as 0

✔️ Hard Money Loans up to 100% LTC

✔️ Get Funded Quickly — Often Within Days!

✔️ Soft Credit Checks

✔️ Virtual Appraisals

✔️DSCR Only Second Mortgages

We Offer:

✔️ DSCR Loans up to 80% LTV Cash Out/ 85% LTV Purchase

✔️DSCR as low as 0

✔️ Hard Money Loans up to 100% LTC

We Can Finance the Following:

🚀Manufactured Homes

🚀 5-10 Unit Multifamily

🚀 Mixed-Use

🚀Non-Warrantable Condos

🚀Condotels

🚀Section 8 Rentals

🚀Pad Splits / Rent by the Room

🚀Short-Term Rentals

🚀Layered LLCs/Entities

🚀 Rural Properties

🚀 Legal Non-conforming Properties

🚀 600 sqft units/homes

📞 Have a scenario?

Call us today: 818-269-7983

🌐 Visit: https://luxeprivateinvestmentsllc.com

Do you lend nationwide?

0 Votes

Quote from @Barbara Johannsen:

Noticing an uptick in interest around note investing lately — especially with investors looking for alternative ways to generate passive income.

Are you seeing the same? Are sellers holding out longer or moving quicker?

Let’s exchange insights — happy to connect with others in this space.

I feel more people are using a lot of the same resources where it comes to finding notes, especially if they are online, so not really competitive, but lack of listed sources.

0 Votes

Quote from @Don Konipol:

@Jaime Mitchell

Non performing seconds are the highest risk space in the note buying industry. Investing zin NPN seconds requires much greater knowledge than investing in performing notes, NPN firsts, or originating loans. I am not familiar with your personal situation but I would think twice about starting there as a newbie.

...hit it right 4x with zero note experience, just a bit of fuel diligence, so don't know if I was lucky or maybe it's not as tough as ppl.make.it out to be?

0 Votes

Quote from @Chris Seveney:

@Jay Hinrichs

I get atleast one call per month from someone who bought a note and are in trouble. In most instances they did not do proper due diligence and/or know the laws. By the time they seek assistance it’s far too late. Recently had someone who bought a note which had over $20k in taxes and fines on it that they were not aware of as they never ran a title report.

Having no experience and Starting out with 2nds because they are cheap is like randomly buying penny stocks - it’s a guess and you hope to hit it right

0 Votes

Quote from @Dustin Mathenia:

@Don Konipol

I'm new to this whole note investing side of real estate. My question is if I created a note let's say a 90k note at 9.25% 20 years total on a SFR worth 110k preforming well for 12 months what could I sell that note for and how hard/easy would it be to sell?

Hi Don,

I'd imagine you could get very close to the upb on the note say 75%-90% upb based off of a few factors, such as borrowers credit and value of asset. I do realize that the climate has changed since this question was posted, however, selling a note in good standing in these times should not be too difficult.

0 Votes

Quote from @Richard B.:

Hello,

I am gaining interest in the note buying business and just wondering has anyone here ever heard of Charter Financial by Leland von Syring. If so, have you tried the course and gotten any results. I searched the forum but surprised that I couldn't find not one mention of it. I did purchase the course about a year ago but quite honestly it's just been sitting around collecting dust because I really didn't want to invest my time and energy into something like this that I wasn't 100% confident about. So I'd really like to hear if some members here have tried the course and made some money. Thanks in advance for your feedback.

I enrolled in the note course about 3 years ago. It's a good introductory course into the business, but it's pretty basic. They do have a good team that handles the closing process very efficiently. Making connections to find good deals in the note space, I have found has been a little tricky. They offer leads ( for sale) through direct mail which I will try next and see how things go. I have already had some experience with notes starting with npn prior to enrolling in the course. I was only able to broker one deal since since registering, but to be fair I haven't been too active in the space. When brokering it's important to find leads that match the buyers' preference. I primarily delt with non- performing 2nds, they prefer performing 1sts, so it's definitely a different animal, but manageable. Also I would like to add that they make good on reimbursements as you close deals, like they state.

0 Votes

All Forum Posts by: Bernard Braithwaite

Bernard Braithwaite has started 0 posts and replied 8 times.

Post: 💸 We Buy Notes for CASH — Nationwide!

Post: Independent Land Scouts Wanted – $1,500–$2,450 Per Parcel (Middle TN)

Post: fix and Flip Up to 90% LTV / 100% Rehab Financed As Low as 1 pt

Post: Is the Note Space Getting More Competitive This Year?

Post: What going on with FCI Exchange ?

Post: What going on with FCI Exchange ?

Post: Charter Financial of Houston Texas

Post: Charter Financial note business?