All Forum Posts by: Josh Oaten

When buying or investing in a property, your credit score doesn't mean crap! Its all about your financial statement as to whether you are approved or not to buy.

Agree or disagree and why?

Hello everybody I was just wondering if someone could tell me what the difference between the original balance and principle balance is on a note? (As seen on the watermarket note website) Thanks, Josh Oaten

Hello,

I was wondering if someone could fill me in on the differences between 1st, 2nd and 3rd lien notes?

Thanks

Hello Everyone,

I am currently looking to write an email or letter to ask for mentoring or education from a seasoned note investor (Somewhat of a letter of intent or business interest type format). I was wondering, if someone had written this letter or email to you, what would you be looking for in this document from them, that would catch your attention, tickle your fancy or make them stand out from others? Ultimately pushing you to consider giving them an offer. What are some types of things I should include in this document?

Thanks for your help!

Josh Oaten :)

Hello all,

I have been doing a lot of research and study into notes recently and was wondering if I could get some information/tips as to what to look for, and the numbers I need to be looking at when doing the math. Examples would be great or if you were to look at the 1st note on the water mark exchange link below, what are you looking at/for? http://www.watermarkexchange.com/buy-notes/non-per...

Thanks for all the help! :)

Thank you Bob Malecki for the help, I would love to get some note investing resources from you. I have sent you a colleague request with a pm, let me know if it has come through. I look forward to hearing from you.

Hello everybody I have recently been listening to BP podcast 211 and have become a little curious/intrigued about investing in notes. I understood half of the discussion with Bob Malecki, but am still unsure about the whole picture. I was wondering if anyone could help me understand the elements of investing in notes, how it works and if you believe it is a good idea to take this on as a first step into real estate investing for a beginner. I appreciate everyone's guidance and help Thanks :)

Thanks Doug McVinua I appreciate your guidance and understand what you are saying. Do you know of any benefits, grants or breaks first time REI's are eligible for?

Hello all!! I was wondering if anyone has used any types of first time home buyers grants or assistance in Arizona before, I'm mainly looking in the Maricopa county and surrounding? What are the best first time home buyers grants around? And are they worth it? Are they usually filled with are underlying fees and charges or would it smart to use one for buying my single family rental if I fit the qualifications? Thanks :)

I am looking to start my REI journey around Phoenix, Arizona. When researching single family homes around the $250K-$300K price range in places such as Gilbert, Goodyear, Tempe, Litchfield Park I am finding that most of these places come with HOA fees. Is this normal? Could it be the price range I am looking in or could it be the areas I'm looking?

Are HOA fees an issue for seasoned investors, let alone someone just starting out like me and should I try to steer clear of places that come with a HOA tie or is it just an inevitable fact of REI?