Site cleaning is consistently understated in rehab construction budgets. Most rehabbers include only enough for initial demolition/cleanout, drywall scrap removal and end of project cleaning. Increasing your construc...
Hello. I'm going to keep track of my real estate activities in management of an STR, and will track the activities using an activity log. My question is - how do I prove in the time log that I performed a particular ...
Unsure if this is the correct category.Greetings Bigger Pockets,I'm working on an IoT application that aggregates traffic data, performs image labeling, and analyzes vehicle type, travel patterns, etc. The application...
I'm looking to get into purchasing non-performing notes and am trying to find some good educational tools to get me started. I've looked into guys like Eddie Speed and others, but they seem to focus on PL for cash flo...
Is a 203 K loan restrictive as to choosing the contractor, etc ?My mortgage Loan officer tells me it is a tedious process. Is that true?
Curious about realistic expectations for outcome of a performing note. Example - A note modified a year ago to lower payment and get borrower making regular payments again. New 15 year amortization at 10% and approx 1...
Part 2.
Detailed Due Diligence
Conduct in-depth due diligence, including background checks, reference calls, and site visits to assess the sponsor's operational capabilities. This is one of the most critical steps ...
I'm currently in the due diligence of a note, perceived as non performing but as I started to inspect the file I have noticed the current loan services company has reached a 3 payments trial payment plan agreement wit...
12% - 18% returns are available to me constantly through performing mortgage notes and cash-flow rental property. I like holding notes at 12%, but I don't like just consistency without an larger upside. I enjoy rent...
We are marketing some Re-Performing 2nd lien notes for one of our funds we buy from, and I consider any time a note defaults and starts paying as a Re-performing note. They have 18 months of "seasoning" and they say i...