Account Closed
Buying my first trust deed note.
After doing some search and research I'm investing in my first trust deed note. 50% LTV and it pays 9% monthly for 60 months. Approx. investment 50k. The bad thing is that the home owner can pay me off before th...
Jason Faucher
Tax Sales in the Tampa Bay Area, Florida
Hey everyone. I lost my dad almost 2 years ago and my mother has never worked. When he passed she received 100K in life insurance money. She isn't real interested in doing flips so I mentioned to her about getting int...
Garrett Strating
401K Loan @ 4%...fund down payment and receive the interest?
Hi all! Been scouring the forums and web around this topic and wanting to see if anyone looked at a 401K loan from another lens. While I understand some of the drawbacks and implications of a 401k loan and the fact ...
Marc Sinnott
Sending regular reports/statements to private investors?
Hi all,I recently completed my first single family rehab project (!!!), which I turned into an unintentional brrr and ended up renting and refinancing.I have a private money lender who will be receiving monthly paymen...
Danny Benavides
Real estate apprentice?
Is there any Real Estate investors in the San Antonio metro area that are looking for an apprentice or assistant? I am currently looking for a way to start off by wholesaling but I am seeking a mentor if anyone could ...
Ben M.
Subject to question on property I am selling
I am selling my property which has a 73k loan left on it. The loan is in good standing and no late payments. Below is an offer on my property. Will subject to transactions affect my credit in any way or put a dent on ...
Account Closed
1st reforming note go for about 40% of the unpaid principal
I have an opportunity to buy a re-performing first note at a 40% discount to principal The note has only 2 payments under a recent loan modification The interest rate is 5% and the principal is about 10% above apprais...
Jeff M.
What performance do you seek?
The age old question: what performance do you seek to make a deal worth doing? Assuming criteria of quality B property in good location, I think a Cash on Cash return of 10% and a total ROI including principal paydow...
Michinori Kaneko
cashout refi vs HELOC on investment property
Hi all,There was a property i was hoping to perform a BRRRR strategy, but realized rent is not high enough to support mortgage on 75% LTV to yield enough positive cashflow after cashout refi. the cashflow is like $30...
Stuart Grazier
Performing Notes in Texas
Is anyone buying performing notes in Texas? If so, what is the average ROI?