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All Forum Posts by: Wade R Conway

Wade R Conway has started 1 posts and replied 2 times.

Quote from @Chris Seveney:

@Wade R Conway

Use a licensed servicer - it’s $25-30/months for the loans and will be cheaper and easier than any software

They also will do all tax reporting docs etc

Unless you have 500 loans and wish to do it in house - much easier just to use a servicer like bifils.com


 Thanks Chris, so do you just look them up on the web and call them?

Can any of you recommend a service, software or spreadsheet that helps folks that own notes track principal and interest payments for people that they have provided owner financing for? Not looking for some thing fancy or expensive just something simple to help someone holding the notes on 5 to 10 properties to keep up with it easier. With different am's prepayment of principal, tracking late payments even dealing with 5 or 6 properties it can get difficult.