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I am an absolute newbie with regard to buying notes. I have done over $15M worth of real estate transactions but have yet to do a single note transaction. So...note experts, need your advice. But before I ask for y...
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Hi all,I'm considering a fourplex in a secondary market, and while researching the property on the county website, I found an assignment of leases and rents to the bank. I'll go into more detail below, but I'm trying ...
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So I have mortgages on all of my properties, 30 year fixed with interest rates in the mid 5s. A credit union here is offering to refinance them for as low as 2.5%. That saves me $1000 a month from now on, and I thin...
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Hello all,
Seeking advice. Tenant has recently asked for grab bars to be installed in the bathroom shower. She’s older and feels it will make her safer. I totally get that. Wondering if and/or how best to accommodate...
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Hi Note People,I'm trying to learn more about NPN 2nds, and wondering about this scenario: (assume 1st is performing)If I have a 2nd position Non-performing note, without enough equity to even cover the first, or just...
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A seller called me on one of my We Buy Houses signs. Here are the quick details:
Owes $170k (1 mortgage)
Worth $25k-$30k
3 months behind, no NOD yet, $770/mth
Her mom, who co-owned the home with her, passed. She ...
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So about two years ago I entered in a contract with a friend to fund rehab costs on a house in Utah. The rehab was only 30k and was only suppose to be a two month project. The project had and still has many issues - ...
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Im looking to BRRRR an REO property in Montana. Im skeptical though of the foundation being on piers. Im worried about when I go to refinance. If you were to compare the home on piers to an identical home on a concr...