Looking forward to meeting fellow investors and making some great connections!

For finding off-market properties, PropertyRadar has been a lifesaver for me.On social media, I’ve had success connecting with property owners and fellow investors through Facebook groups and LinkedIn.

They typically do a soft pull close to the closing date to ensure there are no new debts or significant changes in your credit profile.

If the credit items reported are up to date with no late payments that is generally good enough for me.

Units 1-7 are rented out at $725 on 12-month leases (although I have not gotten the expiration dates on those yet), and Units 8-9 are not completed but are slightly larger townhomes than can be renovated and rented out for more along the lines of $850-900.

And also,When I draft the contract for the seller to sign, how far out should I set the closing date on the contract?

Quote from @Zach Edelman: Why is this better than just paying off your entire balance before the statement closing date?

. - $45k balance (40% of BPO value)- 7% rate- interest only- maturity date 2/1/2026- mortgagor (owner) pays 3rd party servicing fees what is the value of the property?

It is delinquent enough (Greater than 90 days but below 120 days(can't file first legal until after the 120th day by federal rule (Except under very very specific circumstances)) to where the lender or servicer has sent the breach letter (Notice of pending foreclosure) with an expiration date that the loan will be referred to a foreclosure filing (Trustee/attorney) if the borrower(s) don't cure the breach within that defined period of time.* A notice of default is not a letter sent by a creditor saying they are late.

Loans are usually low interest, but repayment terms and due dates are strict.Private Money Lenders: Flexible terms that can be structured according to your project's requirements.