Getting Educated On Notes!
Can anyone provide for me the best place to get educated on buying and selling notes as a way to invest in real estate. I understand that this may be a better way to go for those wanting to get their feet wet.
YES
Eddie speed course / courses
Beware of course sellers since most have no direct experience and out to make money. Read about mortgages and mortgage brokering, take a class on real estate, read the net lots of good free info, contact note buyers and ask for a cut sheet to see what they are looking for in a note, read this board and ask more questions.
Good Luck
Why would I want to keep the second note after foreclosure? Seems a bit silly and expensive.
"Why would I want to keep the second note after foreclosure?"
its not your decision.
A forclosure on the 1st note WILL NOT discharge the 2nd lien. The only way the seller got a note was because the homeowner had equity. If home equity loans got cancelled because of a 1st mortgage default...no bank would secure home equity loans against the title/deed.
Seems like this is a short sale. You will need agreements from the 1st and 2nd.
good luck
Thank you commercialking!
BK stops all legal actions, including the foreclosure.
[addsig]
YES i have heard a lot of the same about this company
On another note hey cjmazur washington needs your help pls contact
Yup...I got screamed at for asking too much question about their program. With that said, does anyone recommend a program similar; however with credible service? Please advise. David
Quote:
On 2009-04-02 16:24, northwest01 wrote:
YES i have heard a lot of the same about this company
On another note hey cjmazur washington needs your help pls contact
IT
I agree with you if you say all approved then it should be
If you can not stand by these words any more change your add s
Butt they have not have not
And to have memebers start telling there clients this same thing can get real bad for who the members who pay and take there words as the can do
If you go telling some one these days you can get something done in real estate then you better do it or look to get sued
I know this is the mind set as i have seen and heard it in my area
A man says the bank stole my home but he had not made a house payment from last sept.
And we all know the bank told him get it caught up or we are going to take the house
Well it sold just a few weeks ago at a bank acution and new owner came by to change the locks and found the old owners still there
He had to have them removed
Then the old owners said the bank stole his home and threw him out what am i going to do now
[ Edited by northwest01 on Date 04/28/2009 ]
OKAY
Iam glad it is working for you
HEY CDL i do not think he did sign on the line
And i see you as well as others are on the same line
IF YOUR ADD SAYS IT DO IT IF YOU CAN NOT THEN CHANGE YOUR ADDS
I think this was and is true in any business but more so with real estate
You had better be able to back your words / game or your not going to be a very happy player in the sand box
CDL
You are very right there are things and deals that just should not be made
Take a look at eddie speeds stuff if you have not yet
Northwest, you care correct my friend no way did I sign up after further research and all the posts on here! I guess us Washingtonians are smarter than the average folk when it comes to getting scammed. 1 out of 10 deals going through sounds like a scam to me when they advertise 100%.
What does this discussion tell you?
Tritore has 3 posts to his name... All defending this company? His Company???
If Rapid Flip USA is not a scam...how about a few seasoned members of this forum speaking well of them??
[addsig]
if you have a note please con tact me at **Please See My Profile** and I will get you cash for it.