Rian Ash
Seller too eager to cancel
Hi BP Members,I am in a not so common situation right now. I got into contract to buy an apartment in Contra Costa, County California around 26 days back. We got into contract as soon as the property came on the prope...
Oriah B.
Thoughts on buying this NPN?
I am considering to buy this NPN. I have been successful in buying and profiting on notes and am looking to get back into since my REO supply dried up and there's no money in flipping properties right now. I offered t...
Don Konipol
“I want to get into mortgage notes”. But what does that MEAN
I hear this all the time. But what is the potential note investor actually asking? The mortgage note field has a lot of different aspectsIn general, one way to divide the note field is between people in the note bus...
Ron King
Note Education and Books
Hello,
Where did you get your Buying Notes training? What books did you read? what courses did you take outside of a university to become a successful note buyer expert?
I am looking for books and cours...
Raymond Ali
How should I invest in this commercial property?
I am a newbie investor and I need help, I don't want my 1st deal to be a nightmare. I'm looking at purchasing a 12 unit multi-family senior living facility. This business is already fully staffed and up and running Bu...
Gary Dezoysa
C class NPNs in a cheap market, how much to budget?
Hi all,Working backwards from an initial goal of $300 per month, $3,600 per year, I would need $18,000 in starting capital if my average return is 20% per year from NPNs.Sounds doable in terms of saving, but my concer...
Shiloh Lundahl
Which NOTES have MORE RISK?
Like most investments, note investing can also be very active or very passive, depending on whether the note is performing or non-performing.For note investors, which investments in your opinion have more risk and why...
Account Closed
Financial freedom through note investing - Possible?
Hello BP -
When I look at note investing from 30,000 feet it looks like a strategy that would be very compatible with my lifestyle goals. I've done some initial research and understand the basics (e.g. PN, NPN, 1sts,...
Nick B.
2nd position note - is this a good deal or not?
Hello all,
A couple of days ago I saw a 2nd position note offered for sale with the following parameters:
Property FMV: $178000
Property location: Illinois
1st mortgage balance: $138000
2nd mortga...
Kaleb R.
Waive Contingencies in PSA?
I’m taking an online class and learned that when you’re performing your due diligence you should waive any applicable contingencies in the PSA. Does this mean after performing appraisal, inspection, etc… everything ch...