Just out of curiosity, what other efforts are you making to stop violence besides posting on BiggerPockets?

Travel to satisfy my curiosity and meet interesting people.

Welcome back brutha from anutha muthaThank you, wish I had more time to keep it consistant like I was before.Hey Mike M, out of curiosity, for your $1400 gross rental income units, what is your PITI (approx)?

Since the lump sum goes from the "lender" to the annuitant,(borrower) collateral is taken to ensure repayment up to the amounts accrued and owing as dispersed.

Just to give you some background on me I've been wholesaling and doing fix-n-flips for a few years now but lately I've had a growing curiosity to "get my feet wet" and learn about the Note Buying business.

Payment amount less the interest accrued (ie. for 30 days) (all months have 30 days) is the principal application or amount to apply to the loan balance.

This means that interest no longer accrues or accumulates on the principal amount.

The tenant's SSN (from the W9 form) can be attached to their sub-account so that any interest that accrues is credited to that tenant for income tax purposes.

• Just a curiosity item--how do investors who buy in bulk make sure they're getting decent product?

Nick, Bill,Just out of curiosity, is this requierment also on HEL's?