Zach Mitchell
Pay the $10,000 fine for not occupying??
Has anyone ever bought a bank owned property during the "first look" period for owner occupants only and just paid the $10,000 fine? I found a deal that could potentially bring in a lot so the $10,000 would gladly get...
Account Closed
Non-Perfoming Notes 100% UPB
I have been searching the fci exchange and have come across a couple of non-performing firsts that are selling are over 100% upb .I see that the note is at 8.5% ,the original balance was at over $200k and it is now ar...
Ron Drake
Wholesalers With Good Conscience?
First of all, let me say I am not picking on, or pointing out anyone here, just pointing out some observations.How can a wholesaler from Georgia (or wherever) who has never seen a house in TX or CA, or know those mark...
Jason Merchey
6-7% Return Wanted on a Rock-Solid Investment Vehicle
What do folks suggest for a profit-making idea that is in the "very, very safe" category, but returns as high as 6-5%, no fees. I have a broker who can get me into REITs, but that tends to be 6.5% minus 1.0% in manage...
Rachael A. Tanner
Nuts and bolts of private money lending help!
I am preparing to raise capital and I would like help understanding how to go about structuring and writing the terms of the funds.MY IDEA I want a $100,000 interest-only loan. I would invest this into a BRRRR. Then I...
Cory Mccarthy
Newb here from Fenton Michigan
hi,My name is Cory McCarthy and I live in Fenton, MI. I am just starting my journey and looking for some contacts in the Fenton, MI area that I can help out and learn from in the process. I own one investment proper...
Dana Richardson
Would you lie on payment history for your tenant?
Hello,We have tenants that moved to Florida from out of state and didn’t have rental history, jobs, and also a low credit score. We rented to them as they had cash from selling their home and paid us first, last, and...
Sean Ganey
Good Site For Purchasing Notes
Hi All,
I am new to this site and was hoping someone had a good site for purchasing non-performing notes. Any insight is greatly appreciated! Thanks in advance.
Janet Thaxton
Tenant roommate refuses to move out
Just when I thought I had my first deal under way!!! Here it goes..
My client wants to sell his house and relocated his tenants to another location. The problem is his tenants had a roommate who was not on the lease a...
Ted Clayton
Newbee spoke to first mobile home manager!
I just came back from a mobile home park and the manager said he doesn't allow investors to have homes on his park because "he loses control". I asked him what he meant and he said having investors can cause the park ...