All Forum Posts by: David Putz

@Tyson Eimers @Russell Beck in the 10 years doing this, this is in the top 5 most popular questions.

Turn npn to performing is always the goal as the returns are the highest. Unfortunately you cannot control what borrowers can/can't do.

Aa far as raising capital, most turn to JVing which can be dangerous due to SEC. Best methods is creating a fund, do a loan or LLC with capital partner.

@Alecia Bolton yes just be careful as allied is only licensed in a few states.

@Chad U. Yes you are correct. I think they are on my full spreadsheet.

@Jamie Bateman Yup we have all them on our Resource and Fee spreadsheet.  

We know of a bunch of the servicers but curious of others have servicers they prefer. We have a ongoing list of each along with their fees and what state they are licensed to collect debt in.

AHP Servicing LLC

Allied Servicing

Angel Oak

Evergreen Note Servicing

Fay Servicing LLC

FCI Lender Services

Land Home Financial

Madison Management Services, LLC National Asset Mortgage, LLC

Note Servicing Center

Home Key Servicing

MIG

Superior Loan Serviceing

Allied Servicing Corporation

United Home Loan Services Inc. (DBA Carolina Choice Mortgage)

Allied Servicing Company

AHP Servicing

August REI

Moat Note Servicing

Prime Loan Servicing

We have a few.  Most newer investors use Richmond Monroe.  It depends on the level of your company. You can also hold collateral yourself, leave it with your servicer or even send it to your attorney. 

Note, this depends on if your using them for just storage or for collateral review.

@Susan Elliott awesome. Yes over 10 years. We have around 100 for sale but we are also buying so love to connect to see what you have for sale.

@Susan Elliott are you creating notes or buying them?

@Alecia Bolton Great job yes we will be speaking a few of these as well.   I can't wait to see everyone !

@Tracy Z. Rewey Thanks for the shout out you did a great job!  

@Michael Jones Just be sure if you create loans you don't create sub 6% interest rate loans.  

@Bryan Hartlen If you are looking for note buyers feel free to let me know.