Terrible Customer Service! No one at this company knows how to use a phone. After dealing with them for 3 weeks on a deal, not one person of several returned a phone call, only got email responses! After receiving a h...
Hi I am considering offering seller financing for a property and want to get ideas on terms to offer and a general experience that any bigger pockets members had as this would be my first time offering this. My initia...
We were forced to get a debt collectors license in Maryland to collect on one 2nd lien non performing note we purchased last year, even though SCOTUS ruled a year ago if you own it you are not a debt collector. They a...
I am working with a small group of investors and we are putting our funds together to purchase properties that we will sell with seller financing to generate cash flow. The plan is that my LLC will be managing the ass...
I just want to be sure I understand notes. When I buy the note, I am buying the debt, however I don't actually "service" (collect payments, send out bills, etc) for the loan?So if the person defaults on the loan, I do...
Hi Y'all!I'm creating a spread sheet today of all my past deals for future reference when dealing with bank and private lenders. A track record of sorts. Have this info so far.-property location-style (sfr, land, mfr,...
Hi all
I'm new to the multifamily space and have a bunch of newbie questions to ask:
Looking into out of state investing and planning to partner up with someone on the commercial side (5+ doors). I believe most agen...
Here is the setup...I have my eye on 2 parks in the same general area. I think both are over valued based on their asking price...but what park isn't?
I would like to make 3 offers as LOIs, to soften the blo...
I have been researching this with no and little info. I do understand the basic understanding on both but not 100% sure which ones are good or better than the other. I heard the fraction notes investors have very litt...
I am just starting to work on a deal for a 5-plex where the owner is offering financing at 6% APR. I am more familiar with APR with respect to credit cards and not so much with personal loans, so I wanted to reach ou...