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 ...
Pari Thiagasundaram
Is this note worth buying ?
I am trying to get my feet wet on the note business. Here is something that i offered and the seller accepted my offer. (Have one last chance to backout if need be).UPB: $8226.36Monthly payment: $596.50Remaining numbe...
David Serrano
Stopping Foreclosure
Hey Group,I am in Dallas County Texas and need a little help setting up Subject to deals. The main issue I'm having is getting an extension or stopping the foreclosure process long enough to close the deal. Any help w...
David Goossens
Structuring Joint Venture Deal on Flip
Hi BP,I'm working on my first flip deal and would like some advice on how I should legally structure it. Here is the scenario: A family friend is retiring and moving out of town. He wants to sell his house, but it is ...
John Tsai
General Power of Atterney form
Hi everyone,
I am looking for a General Power of Atterney Blank Form but couldn't locate one on the web. Can you please give me a pointer and let me know how I can obtain one. I live in California and would like to g...
Stuart Grazier
Private Lending Scenario with Question
Investor A has a fix and flip property and looks for private money to fund. Investor A is offering a 15% interest-only loan to Investor B.Investor B has private money to lend Investor A. Investor B lends money and exp...
Carmen Marron
Tax Issue for Private Lending/Investing
Hi Everyone,
I'm new to this forum so I apologize if I chose the wrong forum for this post but I hope it is correct. I have a situation with some of my clients and I am trying to determine the best way to ha...
Shadman Uddin
Short-term (0-3 years) Lending Options
What shorter-term lending options are available to smaller real estate investors and what are the terms that are generally available (max lending, interest rate ,security, etc.)?
Clinton Smith
Have a Note buying question
Hello, I recently spoke with an investor/seller, who has a 4 plex in the Petersburg area.He offered $1500 for the note to take over and I would secure the Deed of Trust. The property is still in the owner name. He adv...
Matthew J. T.
How do I make Assignment of Contract?
I've watched videos, and read how you basically want to put it together, and what you would need. but how exactly would it look like? I'm not understanding how long it would have to be, or what you would need to have ...