I am fairly new to the concept of buying/selling mortgage notes and I have been reading about it. From what I understand (to put in simplistic terms):
Lenders (could be banks, financial institutions, private people) ...
I had a wonderful conversation with Linda Labbe from here on BiggerPockets. She explained how they manage CapEx risk together with vacancy risk to cancel each other out, by selling off the bottom 20% performing proper...
Hi BP Fam, I thought this would be an easy question, but no one seems to know the answer: If you have already purchased and own an investment property (20% down), can you still use an FHA loan for a primary residence ...
I had my house under contract in TX but the buyer backed out during signing. I have spent around $6k to fix few things that the buyer wanted. The buyer is willing to reimburse the expenses so that I dont take him to t...
"I review over 1,000 potential deals every year."I was recently at a conference and one of the presenters ($100 Mil+ Net Worth Real Estate Investor) grabbed my attention with this statement. His point was simple, if y...
Our group is looking to raise around $10 million to buy a portfolio of performing notes. The group we are buying from is a group we have purchased from before and offers a performance guarantee. Has anyone found a gro...
3 Reasons Note Investors succeed:1) They invest in their education and training on an ONGOING basis2) They do massive outreach to peers and sellers on an ONGOING basis3) They put systems in place so they buy right and...
I'm considering making the jump into the notes biz and after reading a few books I noticed some people suggest using your servicing company for all communication with the borrower. The logic is that servicing compani...
if you had to choose the top 3 cities in North Carolina that could possibly be the next “Raleigh”, what cities would y’all choose that could be it in the next 5-10 years?
So far I have been looking exclusively into 1st liens (mostly non-performing), started to think about checking out 2nds as well. Is there a good resource that focuses just on this topic that someone can recommend? Can...