by Jean Norton | Jan 26, 2014 | Uncategorized
Don’t expect a big discount in your loan from crowd-funders. Their up-front points, interest rates and loan-to-value (LTV) are very similar to hard money lenders. They look at each borrower on a case by case basis.
by Jean Norton | Jan 4, 2014 | Uncategorized
For years I thought investing in a non-performing note could be a win/win for everyone involved. For example, let’s say I buy a $100k promissory note (mortgage), secured by a house that’s worth $60k, and pay $40k for the note. So my investment of $40k...
