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...
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...
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...
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...
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...
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.
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...
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...
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...
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...