Reason I say that is you will not be able to re-sell a note within six months because:Month 1 is bidding, winning bid and due diligence (and maybe get it boarded) within that timeMonth 2 you would need to wait the 30 day CFPB guideline before debt collection startsMonth 3 best case get them reperforming, then to sell as a performer need 12 months of seasoning.With that option gone, you would need to get cash for keys for the property (in month 2) which still takes a few weeks to get an agreement in place etc.

This market won’t have a lot of players, we don’t need 1,000 crypto currencies, only 2-3 really.

But after that, the win is on both sides: the flipper has a built in buyer to cash out their appreciation on refi, and the buy & hold person gets expertise during the rehab, then already knows the property and cash flow potential and doesn’t have to constantly “mine” the network for more deals.

I heard this from a bigger player in our town about the current market and investors "Finding deals through realtors was how I bought 90% of my deals 18 months ago, but , in general, these days it isn't something I'm spending any time on because it's hard to make money competing against "investors" who ...frankly, don't care about or know how to, make money."

If you know your builder friend is legitimate and you think the risk is worth the reward, there’s nothing wrong with it.The builder could find cheaper interest for sure, but if you aren’t charging points or a 5k per lend it might work out to be a win win.

My county has a list of houses that have back taxes owed on them that is updated as people pay those back taxes off, but I am trying to learn how to scout the properties that are on the list and how to go about winning them at auction and how to take possession of them.

I would get together with your agent to get as much information as possible. generally the contracts are fairly buyer friendly so that you can back out due to inability to get financing (just dont get financing if you want to back out), upon inspection, etc.generally sellers are worried that deals will fall through and tend to want to release more information earlier so that should something get into contract, the deal will go through. if the deal falls apart, they are stuck with yet more monthly payments while the deal is in contract then have to put it back on the market which will take time to court ankther buyer.this leads me to believe that they are suspect or are worried and/or trying to hide information. they could be just poor negotiators thinking they want to take you for everything.id say: a) be totally comfortable walking away from the deal even if you have already put some $ down for inspection and what not bc it’s better to lose a little money than to get stuck win a big mistake long-term to lose even more moneyb) see if the other side would be down to just sit and lay out some next steps so everyone is on the same page. can use this meeting to listen and just use some empathy to figure out what’s going on on their side, why they’re playing the deal this way. it could be that they don’t trust you yet so they are guarding themselves

Explain to them that it's a win-win.

If you are listening to the audio versions, then you can go to any podcast player and see the entire list on one screen.

There's your answer right there...you and other STR owners need to win positions on the HOA board so you can make your voices heard.I hate generalizing all HOAs, but I think HOA board members often view things as "us" (read: full-time residents) versus "them" (read: "rich" outsiders/investors).