![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/99795/small_1695035144-avatar-joe77.jpg?twic=v1/output=image&v=2)
OK, this idea intrigues me. I was browsing FCI Exchange today.
Questions:
1. If I want to buy notes, do I have to be licensed as a lender or servicer per the SAFE Act??
2. Would I have to service the loans? Or ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/170248/small_1621421158-avatar-jklein.jpg?twic=v1/output=image&v=2)
Ok so here is the summary. A class C apartment was bought by my friend not too long ago. I invested 20% as a silent partner and there are two other partners. The loan balance when the complex was bought was $2 million...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/915635/small_1621505501-avatar-kennyczaj.jpg?twic=v1/output=image&v=2)
Working with an investor in Maryland who has multiple units for sale, could do seller financing on just one or bring in another person outside my LLC to try to buy everything to get the best discount possible. This ou...
I recently got pre- approved for a mortgage and will be moving in with my girlfriend who has a cheap rent stabilized apartment, which will allow me to safe a lot of money.I want to invest in a condo as a rental pr...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/26171/small_1621363548-avatar-rich_pa.jpg?twic=v1/output=image&v=2)
I found a vacant property in a very nice neighborhood. It has very high grass and needs lots of work. There is a huge deck in the back were a pool use to be and an addition was started but not finished. So it is op...
We started on the this voyage to do an addition to our 1900 square foot 100 year old home in the Boston Suburbs. The cost was too high and an opportunity came up to buy an older home like ours but is being renovated ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/148671/small_1621419511-avatar-rehabber7_tn.jpg?twic=v1/output=image&v=2)
I believe in using a good property manager - and I have one. But you still have to be involved. I've recently saved $1500 on one of my houses with about 1.5 hours of my time - that's $1000/hr. First, one of my hous...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1147776/small_1621509613-avatar-mial5.jpg?twic=v1/output=image&v=2)
My family member is looking to sell their house after their spouse passed. They have about 250k left to pay off and the value of the home is around 400k (based off of Zillow). They have come to me about buying the h...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/203194/small_1621432942-avatar-wayneduck.jpg?twic=v1/output=image&v=2)
I have a rental property in Mississippi an I charge $50 dollars late fee with an additional $10 dollars late fee every day after the 5th of each month. My question is what is a good price to charge for late fee an wha...
It seems that owning rental units is pretty cut and dry. Buy a house and rent it for more than your expenses are. I understand the financial calculations and how to find tenants and can do most any home repair. It ...