Notes are a lot tougher though... lots of work. my point is that buying defaulted notes is not quite as easy as sitting in your couch punching your computer  LOL.. there is a lot of work and effort goes into theseI know other investors who are not doing well at all with NPN... especially one's who bought large pools in multiple states and now have 10 or 30 foreclosures simultainously  going the legal fee's are eating them alive.. so its all money out until you get the asset back.. buying the note is just the start.

@Nancy Brook being in a bad section of town you might have a lesser pool of interested buyers.

And she realized my advise against buying in that area was good advise, poor tenant pool.

We have limited experience in this end of the market and are looking for advice from the BP community on how to market or potential investors that would be interested in more details.Large kitchen that flows into the living room, large windows to overlook the backyard. 

I'm practically in your backyard BTW!

No one who lived there before ever wanted to use the backyard.  

.#2 a portfolio lender, ask for the commercial department even though it is a residential loan, which is a local lender in your own backyard that holds the loans on its books, typically requires a DCR of 1.25> and an ARV (after repair value) of between 70-80%.#3 a portfolio lender typically lends on 20 to 25 year amortizations with 3 5 & 7 year balloons.#4 this is a great strategy and one that I use however you need to speak with the portfolio lender to find out about their seasoning requirements.

Investors can also access both debt investments in the form of first or second-position loans secured directly or indirectly by residential and commercial properties usually yielding a fixed interest rate of 8-12% annually as well as equity investments in residential and commercial properties offering cash flows during the hold period and/or a portion of the profits upon a sale of the property.RealtyShares is an online investment platform that uses the internet to pool investors into funds that hold an interest in a pre-identified private real estate investment.

You can build long-term profits right in your own backyard.

Now, you can form a 506 investment pool, but that doesn't give a license to broker mortgages or originate loans, that simply gives you the opportunity to raise capital for investing.