Good morning BP!So I want to try and buy my first note. I don't really have that much capital, but I want to start out somewhere and learn what is all involved. I am already registered on fciexchange.com, but really h...
I recently agreed to take back a note on a property I am selling. We’ll close at the end of the week at a title company.
At this point, the way I set out to handle the mortgage payments is through Cozy, just like ...
Hi Everyone. Met an elderly person whose house is underwater although he pays his mortgage on time. He'd like to sell and get "moving money" to relocate from NJ to GA where his daughter lives.
The only solution I can...
Hello All,So I have been working hard on #bp90days through yellow letter marketing and driving for dollars. I've been on three appointments, the first two did not sign a contract when I met with them, however, I am wo...
What documentation do I need to consider when borrowing long term private money from family (30 year amort/10 year balloon)? I am working with a close family member on a loan. There were be no lien's on the property...
I have invested a large sum of money with a company (individual with
LLC) who has filed chapter 11 bankruptcy. I am the 1st position. I was
prepaid 1st 6 months of interest. 8 months have passed and no
additio...
Hi,I was approached by the financial advisor from First Financial Group and she talked to me about the annuity. She said it pays 5% a year plus 6.5% a year rider. On the top of that the principal stays protected. I ha...
So I've got a good handle on non-performing notes (2nds) that are both totally and partially covered by remaining equity in the house. Does anyone deal with or know the approaches for no equity 2nds? Seems like a g...
For commercial real estate investors, syndicators and others involved in the field, investment terminology can appear to be an alphabet soup of mysterious acronyms. There are three in particular that are related to th...
Hi everyone, I'm a new investor in Richmond, VA. I've been reading a lot of posts and blogs here. Now I'm ready to write my first post:) I have a rental property in Seattle that has been paid off with about $600k equ...