All Forum Posts by: Jordan Blackwell

Hello BP Family,

I'm not sure if we can share links via the forum but I recently heard that Sharestates is now funding Non-Performing Loans. You can find the announcement here (https://www.prnewswire.com/news-releases/sharestat...) and more information on their website (https://invest.sharestates.com/fund-non-performing...). 

Would love to know people's thoughts!

@Chris Seveney

Good point. I guess, in a way, one would already get the advantages of BRRRR by having a money partner. The difference is, instead of putting your own money in and getting it back at the refinance, you never put in your own money to begin with. Then enjoy the cash flow until things change. Different path, same result!

Hi BP Family,

I am a real estate newbie and am becoming more and more intrigued by mortgage notes. I may be displaying my ignorance here, but is there a way to BRRRR a note much like people do with physical real estate? From what I've seen thus far, either you take the monthly cash flow or you sell and take a lump sum. Is there a way to get the best of both worlds? I am guessing the answer involves either selling partials or hypothecation, but would love any guidance by the seasoned experts out there.

Thanks!

Jordan