Chris Seveney
What The Gurus Do Not Teach You In Note Investing - Part 4
I recently watched a video where an investor bought a mortgage loan at a steep price, with an exit strategy that hinged entirely on getting the borrower to agree to one specific term. The kicker? The borrower was elde...
Drayden Morgan
How do you make money from a subject 2 deal?
Can someone help me understand how do you make money from a subject to deal if the mortgage is already the same amount as the areas rental rates?
Duane Alexander
How much earnest money to put down on a REO/foreclosure?
I put in a offer on a foreclosure here in GA and the LA responded after 3 days saying that they wanted highest and best. My first offer was 5k above asking but I only offered 1k of earnest money. I didn't realize that...
Ryan Doyle
Looking for my first MHP
2 weeks ago I took a class on mobile home investing, and have been more determined to get a MHP than before. I've found a few in my area that are for sale that I think have good potential (cash flow & expansion...
Greg Lovern
Foreclosure auctions for 2nd mortgages
What happens when a home is sold at a judicial foreclosure auction for a 2nd mortgage? Is the buyer required to immediately pay off the 1st mortgage?If it depends on the locale, I'm interested in how it works in King ...
Account Closed
Mortgages: personal v invested homes. When to pay them off?
Afternoon everyone!In my old highschool, our personal finance class revolved around a curriculum from Dave Ramsey, who bad mouthed mortgages and everything. Is there a difference between having mortgages for your pers...
Andrew Angerer
Why have others given up? (conversation starter)
Good evening all, Just trying to get a conversation started about why others have given up in the past. I know many people who are interested in real estate, some pursue it, but many many decide not to do it after a...
Karen Higgins
Negative cashflow apartment building. What to offer???
We all know that it is hard to find a great multi-family deal in today's market. It's better to "make one". We have bought multiple small apartments 10-20 units, that have had upside potential with room to increase ...
Account Closed
Is This Tax Deed Formula Too Good To Be True?
There is a system out there being sold stating that you can contact property owners who are delinquent before it goes up for the tax sale possibly buying the property for a token amount, assuming the taxes, recording...
Alan Davidson
Upping my reading game
I’m really trying to up my reading game. I’d like to read at least 1 to 2 books A month. However when I am reading self-help books or business books there seems to be a lot of fluff in them.Has anyone tried the Cliff ...