Hello BP'ers! I need a little help/advice. I've done a decent amount of private lending, but I've always been in first position. I have an opportunity to lend to someone I trust, but I'd be in second position. The...
I carry a note that is now 3 months delinquent and I have to start forclosure. The borrower/ owner is MIA this is not the first time this has happened but he usually contacts me and gets his payment up to date. This t...
Hi. I am looking for gap funding options. I have searched the forums and found several suggestions, as well as mentions that there are companies who do it, but no actual companies have been mentioned. We find ourselv...
Hi, I'm trying to start investing in non-performing mortgage notes in hopes of finding notes where I can evict homeowners and flip the house. What's the best way to do research on what other loans have the property a...
Hello all,I have been doing a lot of research and study into notes recently and was wondering if I could get some information/tips as to what to look for, and the numbers I need to be looking at when doing the math. E...
Hello, Researching information. I would like to purchase a rental property. If you don’t have 20%, can you borrow from private lending institutions? Any list of such institutions? What are the fees? Thank You
Hi All,Can I get some help with some with the major differences between a tax lien and a note? Somethings like; cost to purchase, where and how to, basic differences? I have a general knowledge of them but not sure h...
I've been researching mortgage note investing, and from everything I've read, it seems like a great way to invest in real estate. However, I've not seen much about how mortgage note investing can go bad. According to ...
Hi, i bought a property in LEHIGH COUNTY PA , Sep 2019 , and later on found out there is old lien ( Mortgage ) open not paid off on previouse owner for amount of 81K i'm living in the property over 2 years now and no ...
Hi everyone, I’m trying to understand the Pros and Cons on determining which is better, Owner Financing or being a Landlord.
From the research I’ve done, this is what I’ve found so far. I’m not 100% sure if this is a...