So far its only had a few days of vacancy and is performing very well.

It is now performing well as a short term rental.

I need help coming up with a fair offer price to the bank to buy the Non performing second lien note with UPB of $700,000.

Though past performance is never a guarantee of future performance. 2.

Just reading through the beginner books, listening to podcasts, attending webinars, and talking to folks on BP to get all the knowledge I can.I want to begin getting some experience performing REI related tasks and I figured the best way to do it was to reach out to investors already doing those things in the Loudoun County area.What is it that you don't have time to do, but would help you and your business?

The thing I don't like about having tenants perform maintenance is that they typically do not do as good of a job, and they do not take care of the equipment.

Who owns what portion, what are the roles, what do you do if a partner isn't performing how you expected, basically get all the awkward discussions out of the way and signed into the agreement.

The numbers often look good initially but over time tend to perform poorly.

Some of the terms I remember were: -Up to 75% LTV-Will lend to LLC-3-6 month seasoning period-Choice of recourse or non-recourse (slightly higher interest rate for non)-Asset based lending, and not conventional (loan depends on performance of the asset vs. your personal tax return)The market is currently in an interesting situation (especially in the Greater Atlanta Area where I invest) because although it is harder to find financing options for several of the properties that are now ready to refinance after being stabilized and cash-flowing, those same properties would be selling like hot-cakes on both the MLS and off-market investors.It has me wondering every day.. shall I wait and try to find the pre-COVID terms, or shall I sell for a profit?

Just reading through the beginner books, listening to podcasts, attending webinars, and talking to folks on BP to get all the knowledge I can.I want to begin getting some experience performing REI related tasks and I figured the best way to do it was to reach out to investors already doing those things in the Loudoun County, Virginia area (if the task can be done remotely, we can work that out too).What is it that you don't have time to do, but would help you and your business?