I wanted to know if someone have a due diligence checklist for non performing notes they would be willing to share. Thanks.
Hey everyone,I’ve come across a unique opportunity. I found an off-market deal where the owner seller financed a commercial multi-family property to someone on a 5 year mortgage with a balloon payment at the end of th...
I have a second position mortgage deed (I am the lender) on a property in FL but the Mortgagee and the contract holder is in CA. He is in breach of the mortgage agreement:
1) the note was up summer '19 and he did no...
Which real estate markets did the best in 2008?? I heard NYC was not affected very much in the 2008 crash. I dont know if that is correct. I know Phoenix took a big hit.
I need help coming up with a fair offer price to the bank to buy the Non performing second lien note with UPB of $700,000. The first lien is also non performing and has $400,000 UPB. The property has a fair market val...
Does anyone have knowledge or experience of buying a note from a bank that is heading into foreclosure? For example a house is listed in the paper for auction, it is vacant, it has no mailbox, grass two feet tall etc....
Hello BP Community,I've been reading a lot about RE lately and would like to start making some moves. My question is, how do you normally perform your market research or nationwide market research?Thanks,Manny
I would like to invest a portion of my SDIRA in performing notes and have been reading about the process. Big thanks to all you experienced note buyers for the great information in this forum and the recent BP intervi...
Hello all!I am interested to know your thoughts on due diligence process for performing senior notes and things you wish would be there to look at or easier to find out or deal with. What are the consistent time-eater...
Where would I be able to buy non performing notes in FL? Thanks