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REO Opportunity for Private Lenders $1-50m

Please PM me from now on people, thanks.

Hello I am from ILLinois

Dick,

You are absolutely right that is where Oregon is alittle south of Byron. Byron
has the nuclear plant. Those areas that you spoke of I know them very well. It's
is a small world.

As far as Non-Performing Notes go the Institution is the one that discusses with the buyer in regards to pricing.

Do you have an investor looking to sell his Note? I have alot of investors that come forward looking to purchase singlely rather than in bulk.

Please tell me alittle more about the lien? Is this a defaulted Note Dick?

REO Opportunity for Private Lenders $1-50m

You're killing me James. I guess I don't wonder how you got to 2443 posts. You ask for honest answers, I give them, then you turn my words against me. Then you ask for more information? James, James, James.... Really not the way to get the help you pretend to want. I may have to unsubscribe from my own thread....seriously.

LOOKING FOR COMMERICAL ADVICE, INCOME PROPERTIES

For an apartment complex you will need a commercial lender. They will lend you about 70% max with the longest term being 20 years in most cases.. It is quite common for the seller to hold a note for the portion of the financing as well. However you should expect to put in cash of your own and you will need to have funds in reserve.

:cool:

LOOKING FOR COMMERICAL ADVICE, INCOME PROPERTIES

My name is Tiara. I am fairly new to real estate. Well I don't really wanna say new, but I am just now getting into investing. I know real estate top to bottom-well most of it- from my father who is a real estate professional in Michigan. I am going to start investing within the next few months in Atlanta. I'd like to Fix and Flip, however I would prefer if my first property is an income property that I could acquire and hold (landlord). I wanted to know what kind of lenders (hard money or otherwise) would fund this kind of investment? I say this because I have researched many hard money lenders and the loan term is usually only for a max of 12 months. I would like a longer loan term because I would like my first property to be a small apartment complex. What do you think I should do?

First house under contract

I now have my first "deal" under a 2 month option contract.

I have the home under contract at 212K; I'm marketing it to sell at 220K. Not really a wholesale but more like trying to find an end buyer willing to pay 220K. Any thoughts on how to try and get it sold?

I'm also getting ready to put a home under option contract at 118K and going to market it and sell it at 130K. Should I sacrafice a few thousand in profit and use a seller's agent? Can I use an agent when I have someone else's home under option?

Thanks