Hey everyone!First off, I would just like to thank each and everyone of you for providing an AMAZING group of like-minded people for me to reach out to for suggestions, advice, opinions or answers! I feel truly blesse...
Is it legal for me to contact borrowers directly to discuss modifying loans?Currently own two non-performing junior liens in Connecticut. I have an LLC which I used to buy notes and currently have both notes boarded w...
Couple returns from trip to discover their fully paid house has been mistakenly foreclosed
Mel and Harriet (last names withheld) from Coconut Creek, Florida returned home after a trip up to New York and saw s...
I am currently in the process of closing on a property in Mississippi, but I currently live in NJ. My intention is to sell the property as soon as possible. I have read and been told that setting up a S-Corp to prot...
Hot off the rumor mill :)
Tesla revealed July 22 that it has picked Austin for a $1.1B factory that’ll employ at least 5,000 people. With that trophy now in hand, the Capital City might be in line for another economi...
Independent & awesome STR tool Your Porter is being bought up by a debt-laden, venture-backed company less than 10y old that now had a VC sitting on its board to ensure it’s generating hockey stick profits. Pretty...
Landlord with Hoarder TenantI feel for this guy, evicted a hoarder and now has to foot the bill for this massive cleanup.http://abc6onyourside.com/news/local/hoarder-evicted-but-trash-remains-behindWatch the video, un...
This article in DS News caught my eye as a potential canary in a coal mine for a new wave of NPLs hitting the market. As I looked closer, however, these two pools are a far cry from what we saw in the late 2000s. We o...
I’m wondering if anyone has any info on using an asset based lending company like Visio? I’m at the point where the income I have won’t allow me to get a mortgage with the banks. The person at visio said they don’t re...
I did a gap loan to a wholesaler who has a few projects going on. This is my first time investing. I received a promissory note/ operating agreement. He promises to pay principal and interest at a yearly rate of 12 %...