All Forum Posts by: Steve Sparks

Kind of glad this was renewed.. I was SCAMED by i3 solutions a couple years ago. Who should I contact about that Christy?

Just 4 things I keep at all times:
Smart Phone
Flashlight
Bandit Signs
Golf Clubs.. I'm not kidding.. Lot's of times it is a last minute call to fill a foursome from a business contact. Great way to connect!

I would sell 3 of my properties for 100K that are More like $2,600 net.. not trying to sell them.. Just sayin. And if you buy them distressed here this cash flow was created for 60K.

Shhhh ;) The problem is they can't get in financed and don't have the cash. 15 to 20K here gets you a $750 rental in a non war zone. Tenants are plentiful as they would rather have a house than an apartment.. or they have lost a house or walked away from a similar house that they owed 100k on and were paying more than the rent on an upside down mortgage loan.

What Steve said above is correct. What you paid for the note should be of no consequence at sale.

I can't hammer a nail. I give all my work to contractors. I like it that way because my time is better served elsewhere. Getting several bids on the same project is a good suggestion. Doing the work yourself or not it is exremely important to know what things cost. Good Luck!

Yes and Yes

Keep in mind that they probably bought your note for 15% or less of what you owed on in. They will be flexible with workouts depending on what your motivation is.

They buy loans. I have bought from them. That is why this is not making sense to me about the redemtion period. They are probably asking for a quit claim deed. A cash for keys type situation. The waiver of the defieciency could be signifigant. Assuming they bought the loan they can provide all they have promised.

She could have the note in her name but you would have to sign to pledge the real estate as security.. ie the mortgage et al.