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17 September 2024 | 13 replies
Quote from @Chris Seveney: @Jayden SpurlockIn future post the link vs all the photos so people can have the entire document to make their own decision good idea.
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16 September 2024 | 43 replies
@Chris Seveneydefinitely seeing these posts.
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16 September 2024 | 8 replies
Quote from @Chris Seveney: @Marijuana (MP) VandyckWhat does your custodian say.
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16 September 2024 | 2 replies
Hi Chris,The deal could potentially work, but it's tight.
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16 September 2024 | 6 replies
Like Chris, I'm not brave enough to buy a consumer loan in Chicago.
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16 September 2024 | 40 replies
It is a fantastic avenue for experienced investors, per the comment from @Chris Seveney.
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16 September 2024 | 7 replies
Quote from @Chris Seveney: @Alicia ZhaoI agree with jayIinterest income = ordinary incomehttps://www.fidelity.com/tax-information/tax-topics/interest-income#:~:text=Most%20interest%20income%20is%20taxable,it%20or%20can%20withdraw%20it.There is a lot of different terminology used in the tax world.Interest income, for the average taxpayer, will be considered 'portfolio income'.
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19 September 2024 | 43 replies
Quote from @Chris Seveney: @Kang-Li ChengI cannot comment on this specific company but we buy loans from similar companies (both performing and non performing) and I Can say the consistent component to these companies is they are horrible at underwriting and write loans to collect the points / fees but many of the loans we see we cannot believe they gave that person a loan.I am curious what types of returns they targeted as the invest in one asset model to me is very risky.You can see the target returns to be 10-13%.
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18 September 2024 | 23 replies
Quote from @Chris Seveney: Quote from @Mohammad Murad: Hi, I found a fourplex selling directly by the seller.
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16 September 2024 | 15 replies
Quote from @Chris Seveney: Quote from @David Cherkowsky: Hi all,My agent presented an opportunity to me that would use seller financing and I had a few questions.