is note buying big in Canada? Haven't heard of this before. Also, FDA loans...is there something similar to these so we can have the option to,put less than 20%down on a rental?
I'm new to note investing and decided to take a learn by doing approach. I own some commercial real estate, ran a property management business for a while (ugh!) and owned a collection agency for 17 years. So distres...
Facts as per CAR attorneys:
1. FICO impacts are the same on SS and foreclosures
2. Banks will seldom if ever relinquish their right to recover on deficiencies
3. There will likely be tax consequences with SS and th...
I'm under contract to buy a 6 unit, mixed-use property with seller financing. The seller will provide $700,000 of the $945,000 required. They are giving me 45 days to show proof of funds for the $245,000 so I need to ...
I currently owe $157,000 on my house. $55,000 in various loans,etc. I have $150,000 in a 403(b). Will be out of debt in May-June 2025 (the $55,000). My available income for investing will be around $30-$40k a year jus...
Today, I quit my job and I could not be happier for what is to come. I have been working very hard the past few months to establish teams in Chicago, Milwaukee and NW Indiana so I can work in REI full time.Right now ...
Let's face it - most of us are here because we want to make enough passive income to quit our day jobs. There's a TON of people here working towards that goal. I'm certainly not there yet, but love success stories, ...
I am curious about how an investor can profit from finding notes available for sale and essentially wholesaling them. Anyone have experience with this kind of scenario?
There are a lot of discussions on the site about starting out, but I find that those discussions where people share the challenges they went through on difficult deals are the best to learn from.
So . . .
What Was Y...
Its amazing that the morning of January 1st I knew nothing about real estate investing. Now after purchasing six deals with a seventh under contract I realize I have just scratched the surface and have much more to le...