I have been looking at investing in non-performing 1st notes. It seems many look for notes that the UPB is higher than the FMV (i.e. underwater). Is there a reason that is preferred? It would seem to make exits harder...
Hello all, I am a new wholesaler just getting my beak wet. I have found someone interested in closing a deal. Ideally I would like to just get this BP contract I found under the file place signed online so I can get t...
What would interest a private lender to invest in the purchase of notes?
Hello Everyone,
I was at a local real estate investor group meeting last night, and I was told something that I could not believe at first. I was told that amortizations are never good, especially for 30-year mortgag...
Does anyone know whether you need to be licensed to invest in notes? I am getting conflicting info. I would like to invest my own money but would ALSO like to find note holders and connect them to institutional note b...
Market continues to be hot. Supply exploded in STR since covid. Are there still good returns or too saturated?
A few active threads popped up on BP with the consensus being something like “hahahah Zillow lost a lot of money trying to flip houses…How dumb are they, lets all point and laugh’. Or lets make memes about them, becau...
My question to you... when does it make sense to become a private lender?I have a client dying to get into RE but has no funds other than his HELOC with about $100K available rn. The interest on barrowed money is some...
I'm examining the strategy of buying non-performing notes in my area from lending institutions and wanted to know if anyone had experience with this? Specifically, who to speak with at the bank? How to get banks ...
Hi Everyone! I purchased 32 shares of AAPL a few years ago, and it has nearly tripled in value since. I own two investment properties (closing on my third in two days), and I want to start paying down these mortgages,...