There are certain unique challenges a landlord could face when renting to a new tenant. Constant renters turnover. Rent payments always late! Legal trouble. Evictions, frequent visits to the court. Stress over property management responsibilities. Repairs, repairs, and more repairs Read more…
Often times owning a note can give you low cost positioning into a deal. In a private
note deal with a 1 st mortgage, your maximum loan amount is typically about 65% of LTV
(loan to value) meaning that the most you’re getting the house for if you were to take
the property back through foreclosure, is 65 cents on the dollar.