Quote from @Chris Seveney: Quote from @Les Armour: Has anyone who invested in non performing notes at Prereo actually been paid after selling the property?

I've had no claims and it went from 4700 to 8900 this year!

I had no idea they would decline me for MY OWN MONEY technically.   

of course the sale of hurricane damaged houses also confuses the issue (my house had no such damage but is only about 4 blocks from houses that did). 

of course the sale of hurricane damaged houses also confuses the issue (my house had no such damage but is only about 4 blocks from houses that did).

We are a small partnership with 4-5 properties currently, but we are growing and hoping to find a reliable lending partner that we can do repeat business with.About 3 months ago, we successfully completed a BRRRR deal where we had excellent numbers, over a 1.25 ratio at 75% LTV, our guarantor partner has an 800+ credit score, and we had no issues qualifying for the loan.

If you had no knowledge and they broke the lease I'd issue a notice of non renewal, but give them the option to remove the cats.

In this case, she had no right to the common area and no legal standing for a lawsuit.

My credit got negatively affected but we’re in the process of building hers ( she had no credit nor bad credit) I think we’ll have her credit above say a 700 in the next 6-12 months.

I actually found out today that the founder of the company Zack had no intentions on funding my deal from about three weeks ago and was stringing my loan along until today.