We have been asked what is the minimum that should be included in an offering package for the purpose of raising capital to create a “real estate syndication”. Here is our checklistWe utilize SEC Reg 504 C as a safe...
I have seen many terms used when referring to performing/sub-performing and non-performing notes such as "Asset type", "Note Type". If I am evaluating a tape of notes, one could argue that the tape is made of note ty...
I understand how to underwrite a performing note. I also understand that underwriting a non-performing note is about checking the return against several possible exits. And you create an offer based on the likelihood...
This week's Tuesday Tip is to know the difference between tax preparation and tax planning. Tax Preparation is simply a compliance exercise done once (or twice if you extend) per year. This process consists of filling...
Happy Friday everyone. Recently I’ve been diving deeply into exploring the note industry and learning as much as possible. I realized that I spend a good chunk of my time during the work week (shh don’t tell my manage...
1 of my 6 units in a lower-income neighborhood is late consistently, every month. I have accepted it so far, w/ late fee, for over 6 months. And so far, plan to continue doing so (but adding a daily late fee). Howe...
I am trying to figure out what has worked for other Wholesaler/Cash investors, in finding deals I hear of so many people getting 3-5 deals a month, and I'm struggling to get one deal this year, please let me know what...
Hello everyone, I'm in need of some guidance. I bought a 5-bedroom, 3-bathroom property in Orlando near Disney World for short-term rentals. It's been a year, and contrary to my initial profit projections, I've been c...
Bought a house in Florida last sept to STR and signed a contract with a property management company. Company has consistently fallen short of performance, communication and their accounting is a mess leading to unexp...
Seller Financing
Single family dwelling
Sold for $50,000
$5,000 down pmt
15 yrs
11.25% fixed
no balloons or prepay penalties
seasoned for 1 year with good payment history
credit score of 560
$518.56/mo
Balance of $43,...