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Results (56)
Bryan Hartlen Definitions: Performing, Re-Performing, Semi-Performing?
2 June 2019 | 8 replies

The more people I talk with the more it appears that there isn't a firm definition of performance; or folks are liberally using the terms depending on whether they are buying or selling.  Is there a trusted source tha...

Sean Dezoysa How hard is completing a loan mod?
17 May 2022 | 4 replies

Doing this to help the homeowner mod down
the payment before I buy the house with
loan sub2.

Anyone pay someone to handle it? What do they charge you?
I was quoted $500 up front, and another $2,000 if they dete...

Johnny Forgione Taxable Income for Loan Mod
20 August 2020 | 4 replies

Hi Everyone, Looking for some help on a tax issue.I have a borrower that wants to do a loan mod on a loan that matures September 1st, 2020. The borrower last made a payment in July 2018. This will actually be my first...

Account Closed Subject To – Why You Need Money To Buy Using "Subject To" (SubTo) - Safely, Legally
3 February 2024 | 20 replies

Subject To is definitely NOT a “No Money Down” technique”, Here’s why . . .
The obvious question is: "How Do I Keep Finding These Smokin' Deals"
It costs money to locate a willing seller. One of the largest wholesal...

Tiffany H. Long Beach, CA
8 April 2019 | 8 replies

Hi Investors!
I'm in the Long Beach area with a handful of rentals and notes, investing since 2008 and in serious acquisition mode at the moment. I'm looking to buy creatively or purchase with cash where a property...

Rob Barta How often are your performing notes going to nonperforming?
20 January 2016 | 2 replies

I realize this is a broad question, but I'd be interested in hearing about note investor's experiences with this phenomenon and how often it happens, and what the strategies are to get the borrower back to performing.

Gabe K. Loan Mod: what terms would you use here?
24 February 2015 | 16 replies

I own this paper and the borrower made a solid offer to start paying $6000 up front and $700/month.  He has a 6-figure income and can afford it.  Here are the other numbers:MV = $50k and decliningUPB + arrears = $211k...

Bob Malecki Significant Modification and Phantom Income
7 May 2018 | 9 replies

We are finalizing our new private equity fund to acquire both first and second residential NPLs. Our current tax accountant has provided us info on the phantom income component which can result if performing a "signif...

Jimmy Rojas How and where to find people that are willing to sell their home on a Subject to deal
11 September 2023 | 3 replies

Im located in PHX,az  how would one go about finding people that are willing to sell their homes on a Subject to deal, also as an option could one straight up pay the whole remaining loan balance of seller, in that ca...

Darling M. 203k Loan and House Hack NY vs NJ - Newbie Investor
6 January 2020 | 7 replies

Hi 
I am a new investor to be. My husband and I are planning to hopefully close on a Multifamily home in the outskirts of NYC or in New Jersey in 2021 (whichever makes more sense economically). We are targeting deals...