If you are purchasing notes for the purpose of predictable monthly income, non-performing 2nd's with high CLTV% are probably not the most suitable investment.Ellis,The note I posted here was performing (or re-performed to be precise).

I said I have mixed feelings about it.Before I got my license I called as many agents as I could until I found someone who was available at that precise moment to show me a property.

More precisely in Brossard.

We can argue whether or not how precisely the "Pit Bull" breed can be determined but lets not forget their selective breeding for Bull Baiting and fighting.

That is precisely what a secured financed sale would do and the opposite of what a LC/CFD would do.  

I cannot recall the precise spelling}.  

But one doesn't know if one doesn't ask.Just if you ask be as precise as possible.

It will be in foreclosure in most cases as most investors find properties after the Notice Of Default (or other legal notices) have been filed.More or less the period after the borrower has started having problems with the payments but during the period when the loan can be re-instated.Not the most precise definition but close enough to how most people use it.

Specialty engineers tend to be more per hour than architect for their precise knowledge.

They barely exist, and the only reason the big guys are buying is that $ is cheap and the CoC returns are high with cheap leverage.It took me months, and months of looking here for MFH before I gave up and went commercial for my first 8-unit deal, and I did it for precisely the reasons that you outlined.