Unfortunately, the rates are not going to be close to 4.75% in the current market as I'm sure you're aware.

In October of 2023 I was able to close on my first property. 

Quote from Account Closed: Well that's good news.

Quote from Account Closed: Quote from @Jay Hinrichs: Quote from @Don Konipol: Quote from Account Closed: Pre-Foreclosures / Foreclosures fit into several groups and are done under each State's laws.

Did you closed any property?

Your uses will encompass how that money is spent, i.e. purchase price, closing costs, renovation.

This is a little detail our title company missed...We contracted a lawyer after incurring close to $60k in engineering fees (they did find a way to lift the restrictions through the DEQ), to see if we could make a claim agains the title insurance.

I’ve been browsing Paperstac quite a bit lately, but I’ve noticed that most of the properties against which the notes are secured are decrepit shacks located in very rural areas.I’m fully aware that the kind of borrower who defaults on their mortgage won’t usually be living in an ornate mansion, but do you know of any way to buy notes for properties located in major cities, or at least somewhere where home values won’t tank 50% when the local chicken slaughterhouse or glue factory closes?

The number is adjusted for closing costs, and you also have to pay taxes on depreciation previously taken, aka depreciation recapture, but these factors are not affected by financing, either.

We closed on it today!!