Martin Saenz
Note Tape Due Diligence - First Step
What is the first step you take when you receive a NPN Note Tape?Just measuring what everyone is doing. For myself, I reformat the spreadsheet so that it reads well for myself.
Katie Jewell
8 Unit Apartment Building Listed Incorrectly as Single Family
Has anyone run into a situation where they have seen or purchased a small apartment building that was listed incorrectly as a single family? It's been on the MLS for 139 days and the numbers look amazing. I'm just try...
Colleen Prescott
Advice for a brand spankin’ new & very excited member!
Hello all of BP!
I’m extremely new to all of this! Growing up I only ever saw how real estate could financially break people and so the idea of buying scared the bajeezus of me. Fast forward many moons and my wife an...
Account Closed
Finder's Fee for Non-Agents Illegal?
Hi you guys. I'm a wholesaler out in the Milwaukee area. I was recently talking to a real estate agent about an REO property he had listed. I asked him if I found an investor that would be interested in buying it woul...
Sandy Uhlmann
Journey of a newbie 2nd lien owner-Foreclosure Sale Question
I purchased a note in 2nd position several months ago. HELOC with original amount of $100,000 UPB of approx 75,000. First is current with UPB of just over $100,000. House seems to be worth $170,000+. Homeowners cur...
Bob Malecki
Buying 1st pos. NPN-- title issue question
I'm purchasing a first position NPN on a home located in North Carolina. I'm buying it through FCI Exchanges system, fyi. Seller has provided me the majority of the collateral files and I found that the address lis...
Samuel S.
Foreclosure process/costs after purchasing non performing note?
Hey BP,So say I was to purchase a non-performing note, and ended up having to foreclose on the property...What would be the ballpark costs associated to execute the foreclosure? Would it be roughly the same as when tr...
Account Closed
Investing in Rochester Area
Hi,I'm interested in buying a rental property somewhere in Rochester area. So far I have identified several interesting properties that are within 1-2 miles from RIT. I would appreciate the advice of someone who lives...
Markus Jackson
New to Syndication & Presented an Opporunity
Hello BP family !
My Business Partner and I have recently purchased a three family property in Newark, NJ.
Since then we have been working multiple hours everyday learning the craft of pooling private money and...
Aaron Barber
Where are these 1% rule rentals???
Hello all, first post here so be gentle haha.I just retired from 20 years in the military and I'm looking at buying a property as a rental. I live in las cruces NM.I currently have 4 houses. 3 rentals, plus the one I ...