Real Estate Broker · MI · Member since 2014 · 594 posts · 183 votes
Would anyone be willing to refer me a broker within the zip code for a BPO? I just starting on another note and need a BPO. Obviously, I would be willing to compensate them for their service. Thank you in advance!
I use Dickie Baldwin at Baldwin Advisory Group for my BPOs. I know others may suggest other recommendations. He has a network of agents. Glad to do an introduction if you haven’t met him.
I use Dickie Baldwin at Baldwin Advisory Group for my BPOs. I know others may suggest other recommendations. He has a network of agents. Glad to do an introduction if you haven’t met him.
Would anyone be willing to refer me a broker within the zip code for a BPO? I just starting on another note and need a BPO. Obviously, I would be willing to compensate them for their service. Thank you in advance!
I'd be highly cautious buying a note in East St Louis, it's a tough area
I use Dickie Baldwin at Baldwin Advisory Group for my BPOs. I know others may suggest other recommendations. He has a network of agents. Glad to do an introduction if you haven’t met him.
Thank you, and I would be grateful for an introduction. How would you like to correspond?
Would anyone be willing to refer me a broker within the zip code for a BPO? I just starting on another note and need a BPO. Obviously, I would be willing to compensate them for their service. Thank you in advance!
I'd be highly cautious buying a note in East St Louis, it's a tough area
Thank you for your concern. Do you currently have notes within East St. Louis, IL area? If so, please share.
Below are the details of the opportunity.
Property Value: $60K
UPB: $47,063.80
Interest Rate: 6.5
LTV: 77.66
State: Judicial
Asking Price: $28K
It's too good to be true; therefore, I need a BPO and someone hands-on. I don't make bids until I exhaust all of my options for doing my own due diligence.
Would anyone be willing to refer me a broker within the zip code for a BPO? I just starting on another note and need a BPO. Obviously, I would be willing to compensate them for their service. Thank you in advance!
I'd be highly cautious buying a note in East St Louis, it's a tough area
Thank you for your concern. Do you currently have notes within East St. Louis, IL area? If so, please share.
Below are the details of the opportunity.
Property Value: $60K
UPB: $47,063.80
Interest Rate: 6.5
LTV: 77.66
State: Judicial
Asking Price: $28K
It's too good to be true; therefore, I need a BPO and someone hands-on. I don't make bids until I exhaust all of my options for doing my own due diligence.
Sorry I missed this. Is it a NPL or PL? If PL the asking price seems low, NPL then within range. However it all depends on the property value. If you aren't familiar with East St Louis then get someone local to do a drive-by and opinion of value.
Would anyone be willing to refer me a broker within the zip code for a BPO? I just starting on another note and need a BPO. Obviously, I would be willing to compensate them for their service. Thank you in advance!
I'd be highly cautious buying a note in East St Louis, it's a tough area
Thank you for your concern. Do you currently have notes within East St. Louis, IL area? If so, please share.
Below are the details of the opportunity.
Property Value: $60K
UPB: $47,063.80
Interest Rate: 6.5
LTV: 77.66
State: Judicial
Asking Price: $28K
It's too good to be true; therefore, I need a BPO and someone hands-on. I don't make bids until I exhaust all of my options for doing my own due diligence.
Sorry I missed this. Is it a NPL or PL? If PL the asking price seems low, NPL then within range. However it all depends on the property value. If you aren't familiar with East St Louis then get someone local to do a drive-by and opinion of value.
@Chad U. Nice to meet you. This is a Non-Performing Note. Thanks for your reply.