Brit Foshee
Which Asset Classes Will Perform best as a result of Coronavirus
Here's my take. Would love to hear yours.
7 reasons on why affordable, single family homes will shine in the coming years.
With increased underwriting requirements from lenders, fewer borrowers will qualify for la...
Scott T Brady
Possible to buy a non performing 2nd to stop 1st foreclosure?
I'm working with a seller to stop his foreclosure; the 1st (Wells Fargo) has been in default for over two years, foreclosure is scheduled April 1st, they are still interested in being reinstated. A 2nd (US Bank) is a...
Cody Krecicki
Bought a 1st Lien Non-Performing Note: Foreclosure vs Short Sale
I'm about to purchase my first distressed note on a property near Chicago for a whopping 1.98% of UPD it'll cost $977 or so. Original loan value was for $52,000 the property is worth $35,000 after doing some research....
Jeff Penovich
What are the best tools to perform research and collect data?
Are there better tools than searching "growing cities" or "growing cities in [x] area"?What are the best tools to perform research in areas I am considering investing in?
Larmon Cummings Jr
Recommendation For Title Company In Chicago That Can Perform Double Close
Hey BP Community,I wanted to ask if anyone here could give me a recommendation for a reputable title company within the Chicago area, preferably south side, that is familiar with doing a double close? I am close to cl...
Richmond Taylor
HELP! Buyers want to close all cash bc lender can’t perform
Hello... please help. Closing is next week and buyers have requested an extension. Sellers refused to extend for a number of reasons. Buyers are now stating they will pay all cash at closing since their lender can’t p...
Christopher Kelly
How do you determine the selling price of a performing note?
What would be a fair value for this note? Original loan amount $106,000, 15 years, 8% interest. Perfect payment history of 31 payments since originated 6/30/13. 3000 square foot home/business located on highway 395 in...
Ashour Badine
Fraud that can occur when performing real estate deals via email
Hey guys, just wanted to bring this to people's attention here. Basically, hackers can compromise your e-mail and monitor emails being sent/received. If they see e-mails about financial transactions, they can fake bei...
Ross Krings
Decided to focus on performing notes. Step 1 finding them. HELP!
I have a goal of acquiring 1 performing note before Christmas. I would like to mail market directly to the note/mortgage holders. Only problem is...not sure what’s the most efficient way of tracking them down.Buy a li...
Robert Whitfield
What is the average price of non performing notes in california?
I've been a buy and hold investor for 20 years. I'm tired of landlord issues and want to consider being a lender. Id like to purchase non performing notes, help the homeowner turn the loan to performing status and sel...