hi everyone, im curious what a note is? ive seen around BP forums and podcasts talk about Notes for investments; I haven’t understood them. If anyone can help thanks.
My servicing company just closed shop, and was trying to get a feel for what people are now using, good or bad. I am only interested in companies that will do the full-service workouts on non-performing notes, primar...
I am interested in purchasing performing notes from a hard money lender, so I've been trying to do my diligence prior to simply handing over money. However it seems a little more difficult to get a level of comfort wi...
In the world of note investing, you never know what you’re going to get. Just when I think I’ve seen it all, a due diligence case like this one lands on my desk. We’re looking at a seven-figure property in Texas, tied...
I’m wondering what the exit strategy is for a borrower on bankruptcy. I was reaching up to follow up with a seller I’d bought a note from. He asked me if I’d be open to a note in bankruptcy. I realized that I don’t ...
Curious if the note group leans more towards taking on debt or JV’ing when purchasing? I know the note industry is a long term game so it may deter the use of debt for some. Any thoughts?
What are some common investment devices for rental properties?My understanding is that if you issue a promissory note longer than about 7-8 months it's considered a security, something I don't want. However issuing a ...
Curious how investors would price this note?$45,000 note, secured by land$55,000 purchase price ($10,000 down)Interest at 9%, 15 yr term
Hello all,I have been researching notes since June of 2018. So far I've read several books and listened to several note podcasts to get myself educated; at this point I would say I know enough to make mistakes and lo...
Can someone please review the process im taking below and let me know if theres anything to change?1. Deposit to hold (up to15 days) (1.5x)2. We agree on lease start date. 3. Tenant performs pre-inspection of the prop...