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20 April 2018 | 6 replies
I have been looking into investing in notes but I am a little hesitant because What is the pay structure (How much I need to pay them and how frequent) and the services that Loan Servicing companies offer Is there a certain amount of minimum loans that they will serviceIn the case of a delinquency how would I go about the foreclosure processIf you can provide any feedback on these questions of mine or provide targeted links for me to do some more personal research whether it be on BP or an external source.Thanks in advance :)
20 April 2018 | 2 replies
Thank you in advance for any advice that you may give!
19 April 2018 | 1 reply
Thank you in advance !
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20 April 2018 | 4 replies
I appreciate any advice or wisdom you can provide.Thank you in Advance!
20 April 2018 | 3 replies
Thank you in advance!
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22 April 2018 | 5 replies
BRRRR is common in commercial and your existing lender will need more of an appetite for a refinance if they know that they are going to loose the loan.Fannie, Freddie, and some local/regional banks actually have a supplemental loan feature that facilitates a BRRRR...the original loan stays in place and you get a supplemental loan when the property has been re-positioned, rents raised, and stabilized.There are also construction/perm loans where rehab is financed during the IO construction period and then the loan starts amortizing later.