Bob Malecki
Buying 1st pos. NPN-- title issue question
I'm purchasing a first position NPN on a home located in North Carolina. I'm buying it through FCI Exchanges system, fyi. Seller has provided me the majority of the collateral files and I found that the address lis...
Jack Halley
how does dodd-frank act affect note investing and seller carry back
I've been considering getting into note investing but was told to avoid it because of the dodd-frank act could be a big problem. What is this act and why is it a problem for note investors?
Jon Pate
Is it possible to dissolve an owner financed mortgage
In this scenario, lets assume the mortgagee and mortgagor are both in agreement and would like to terminate the existing mortgage agreement (rather than pursue foreclosure). Is this even a feasible solution? I could n...
Gerard Johnson
Profit split for a flip with 4 investors
Me and group of friends who want to get into learning how to flip wanted to partner in a residential foreclosure deal. Not sure how to determine profit split since the roles of each person is different. Investor A and...
Ezekiel Oropeza
Should I sell my home with a real estate attorney or agent
I will be selling my single family home for a profit. I was told by a local investor that I should list the home with a real estate attorney instead of a traditional agent as I will save money on the transaction. Does...
Abad Marroquin
Offer to purchase contract through onwer financing
Hi everyone. I need to submit an offer to purchase through seller financing. I have no clue how to start. I have used the offer to purchase contract for single houses from the Biggerpockets, but I am not sure if I ...
Michael Paul
private money
If you have family members who want to invest in your endeavors, what kind of contracts do you need? Do they need to be on title? Do you use a tenancy in common agreement? If it's just capital Would a promissory note ...
Steven M.
Seeking Inight on Investing in Real Estate Note Buying
I have an interest in buying and investing in seller-financed Real Estate Notes, (performing only notes, residential only). What are some of the bigger "red flags" or issues/downsides to purchasing these Nore (other ...
Matthew Hall
Is the DOS clause actually spelled out in the mortgage or just implied because it's not assumable?
The mortgage I'm looking at says nothing about a DOS clause but does say it does not have a "Demand Feature," which apparently allows the lender to call the loan due for any reason. It does however have a box checked...
Will R.
How can I guess the value of the note I am creating?
Hello all! This is my first experience creating a note on a sale. I have a $600k property in Austin, Texas that has a house on it that is used as a daycare. I want to offer a first lien for about $250k to an investor ...