I just processed my 310th Deal in the Non-Performing 2nd Mortgage Space. 202 Workouts & 108 Discounted Payoffs. Feeling Blessed and Thankful.
Hello BP,I am interested in purchasing non performing second notes. There are many companies out there that sell them, but in reading up on the subject, it was suggested that we not buy notes that have be sold several...
Hi all,Does anyone know if you have to be a broker to manage your rental properties if they are organized under an LLC or Corporation in Michigan? My wife's family has a real estate company that is thinking about acqu...
Hey,Had a question: What do you suppose lenders look for when performing cash out loans in Texas for an LLC? As a sole proprietor, I've acquired 3 homes all cash, then performed a cash out so I'm pretty familiar wit...
Am I the only one that doesn't feel like the ROI calculations are good enough? I have expenses that come up at different times of the year (taxes, insurance, etc) and then I am saving for capex, random repairs, etc. M...
I'm getting myself familiar with vetting and underwriting notes, does anyone have any tips on what to look out for?Thanks for your time and help!
There is a talk about reducing borrower's principal on their loans to help them stave off foreclosure. I would like to know who has to take the hit when a loan is reduced. Most lenders package their loans and sell the...
Hey BP!I have a question for all the wholesalers out there. In your AOS do you have a clause in there which states that you will be making a profit from the purchase of said property or do you disclose this to the se...
What’s your goal for acquisition in 2019 - whether it’s based on quantity, dollar value (price paid) or UPB / FMV?I am targeting 72 note deals for 2019 (6 per month).
Just as the title states Do I need a license to market a sandwich lease option in NJ.I'm looking at a property that I would like to sadwitch lease option but I'm curious if I market the property for rent am I doing th...