I'm new to RE investing and have found an interest in Performing and non-performing notes and am currently trying to absorb as much as possible on the subject. I have been reading a lot of forum posts and listened to ...
Hello, I'm brand new to notes and wondering if these look like good deals.
Non-Performing -
#1 - Principal Balance - $30,062.77 at 11% purchase at $8k - ARV - $135k
Performing -
#2 - Principal Balance- $155,7...
Hello,I own one non-performing note. Chapter 11 plan was approved in early 2020. Do I need to report this income? Will I owe taxes?UPB: $50kLegal: $85k2020 Pmts: $15k*LLC costs related to note (force-placed insurance,...
I put a full ask offer on a houseFor 121kArv 248k....They want the principal to sign the offer (owner of the llc)Wouldn't this make it impossible to sell the llc to another principal before closing?They also want a 10...
What is note investing? I heard about it at one of the Biggerpockets podcast and it got me curious. It's something to do with lien and deed. Will you help me understand? :)
I have been financing all my properties, and analysis via Cash on Cash has been serving me quite well. With the market being the way it is right now, I've moved onto cash buys and paying down my loans for now.Since th...
If a PML wants to sell a single performing note should they just take it to a local bank and offer it for sale? Are there websites they should use for this kind of sale? How long after the note is tendered should the...
If a PML wants to sell a single performing note should they just take it to a local bank and offer it for sale? Are there websites they should use for this kind of sale? How long after the note is tendered should the...
Hi all. I'm very interested in getting into the note business, and have been checking out Dave Van Horn's PPR company. I would almost definitely be starting out with the more passive performing notes. I've watched ...
Note question. I have been doing tons of research on the note space and feel like its time to jump in and get my feet wet. I am looking at a small performing 2nd in Virginia. The first is performing and there in plent...