You can't actually pay it off directly because they've been securitized, and the people who invested in those securities did so because of the specific certainty of the payment schedule.What you do in a defeasance is use the proceeds of the sale or the funds from your new lender to purchase treasury bonds that are packaged to make the exact payment amounts and timings on the remaining term of the loan, and then assign those bonds to your old lender.

Quote from @Morgan Leiviska: How I would build this database for you would be to connect with people at local meetups that you find.

Meeting some people tonight there to create a scope of work and do some additional discovery.

So you're going to get responses from a lot of people that offer coaching.

But I guess to answer your question, I find people who are going to foreclosure.

People in 1979 were angry that prices tripled in half a decade.

Would people say your underwriting was good or bad?

Sort of a unique way to make money, meet new people and not get stuck with a tenant you don’t like for too long!

You might want to find local rei meetups to meet people in your market that are doing deals. 

Just would like to start building relationships with people In the Phoenix area as well.