low cashflow high appreciationNotes purchased in the secondary market at discount to remaining principal balance have the built in capital gain profit with potential for greater ROI thru early payoff or early PARTIAL paydown.  

If I had to estimate I would say the winning bids we're maybe about 10% less than the market value of the homes, but that's just an estimate.  

i suspect this will vary by market ….  

Hi Everyone,I am looking for advice on the Janesville and Beloit markets in Wisconsin.

I don't know that market but I've done a few BRRRRs. 

What are your thoughts (considering lot rent, the market, TB market, etc.)?

I am currently surveying the NC market for a 3bd 2 ba home that is predicted to appreciate over time. 

@Roman A Sandlermore important than picking a market is having a plan for building a network.just to be blunt, i think a lot of investors pick a random market using a formula like you did, rather than picking a market where they might have some kind of advantage. 

Make sure you do a deal that makes sense. by the way Michael is a good person to follow here about marketing.

**Portfolio Lenders**: Some portfolio lenders, who hold loans in-house instead of selling them on the secondary market, may be more willing to work with unique situations like yours.6.