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All Forum Posts by: Scott McLaughlin

Scott McLaughlin has started 9 posts and replied 13 times.

hi.  I am not a realtor/ not a real estate agent. I am a real estate investor in notes nationwide. I got my real estate license per my state's requirement to do notes.      

  I contact realtors for a given state's area I'm evaluating for a note.     Some request a payment , some are not responsive .  Others I contact say it will get done, provide some comps but not an actual figure for value of the property.        

   Thank you for posting.   I appreciate any feedback/ direction you can give.   

hello. asking if anyone knows of a good software program for doing CMA's.

thank you for any help you can provide,  have no idea where to look for this.   Thanks !!       

I was referred to them by a note investor when I asked where to buy notes and wanted to check into them, check into anyone's experience with them.     It's been very difficult for me to find notes of any kind to buy.    

 asking if anyone has heard of/ dealt with/ still reeling from being involved with Xchange.loans.   

Post: Sources for non-performing notes

Scott McLaughlinPosted
  • Posts 13
  • Votes 4

correction - for most states except New York, New Jersey, Maryland, Rhode Island.  thx. 

Post: Sources for non-performing notes

Scott McLaughlinPosted
  • Posts 13
  • Votes 4

hello - asking for recommendations on where to find 1st position non-performing notes for SFR's, any state. Appreciate your help!

hello.  Any recommendations on the Type of bank account to use when starting out for the first deals.  Thought I'd open another personal bank account and then consider other types after my first deals.    

Post: CFD and note position

Scott McLaughlinPosted
  • Posts 13
  • Votes 4

hello. reviewing a tape it listed notes as 1st posit, 2nd posit, but for a CFD it indicated no lien position. Asking the reason for this.

thanks!!!!

thank you Dave.  Really appreciate your response/the info you provided.  

 You mentioned difficulty servicing the loan however I thought if the FC goes thru, I own the property, then I can possibly sell it or rent it ? or am I missing something ?   or do you mean in the case of no FC the trickier part is most servicers don't have the software, etc...   Scott

hello.  asking if anyone has any direction on evaluating non performing loan for bid which is a reverse mortgage.  

any direction would be appreciated as I currently do not have much !     Thanks. Scott