Antonio Bodley
Does this sound legit to you?
An investor sent me this yesterday.
Ok great! Maybe we can work together I’m working on a wholetail deal and I have minor work finish. I’ll flip your investment in 30 days all above board on contract. You can come i...
Garrison Gilbert
I'm relatively new to the note business & proud to say that
I've been rehabbing houses for 15 years... and have been a landlord more times than I wish to acknowledge.... I'm just finishing up my 1st few days of studying notes... and am attending #NoteSchool by Scott Carson -- ...
Robert M.
Background Check Tactics
Hello All,
I have been renting property for several years now, and fortunately for me, I haven't escaped some of the nightmare tenants some have experienced on this site.
However, I wanted to query ever...
Anthony Antonacci
New to Notes - Knowledge Check
Hi Everybody,New to the world of REI and especially the concept of buying notes. Have dove into some reading here the last week or so and wanted to check for understanding on some key concepts and lay out some questio...
Ray Trounday
Difference between Yield and Return on Investment for a Note
I am getting myself confused between Yield and ROI. For illustration purposes, lets say that we are evaluating the following note:Original Principal Balance: $100,000Interest Rate: 5%Term: 360Payment (-536.82) Calcul...
Rob Randle
How to get out from this deal??
I have a family member who is in a tough buying situation and I am seeking advice on their behalf. To sum it up: 1. He put an offer in at $135,000 on a Fannie Mae home for that was listed for $125,000 and it got acce...
Robert Obniski
Can I cite this Pandemic to back out of a deal?
I have a property under contract where the numbers work and its all good etc.
It will stretch my cash reserves if I go through with the deal because looking through the lease agreements 90% of the tenants work in jo...
Mike Schorah
How do you wholesale a subject to without it blowing up in your face?
The seller would get the house back, even after we caught the seller up in arrears, paid closing costs, and put some cash in the seller’s pocket. Why does the seller care if we stop paying? He made $20,000 or $30,000....
Gordon F.
So whatdoes all of this cost?
Hi everyone, so what does buying and selling notes actually cost in terms of transaction fees? Certainly there are transaction fees... What do brokers usually charge for a buy or a sell? Also, what do note servicing ...
Kellen Duggan
Buying Mortgage Notes
Does anyone here know where to go to buy Performing and Non Performing Mortgage Notes?