Skip to content
Two investors reviewing resources on a laptop

Get industry-leading resources — for free

Unlock resources for every investing strategy and stage with a free account.

By continuing, you agree to BiggerPockets LLC's Terms of Use and Privacy Policy

Followed Discussions Followed Categories Followed People Followed Locations
Classifieds
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
Market Trends & Data
Buying & Selling Real Estate
Out of State Investing
Real Estate News & Current Events
Real Estate Technology
Investor Mindset
General Info
General Real Estate Investing
BiggerPockets Exclusive PRO Area
PRO
BPCON
New Member Introductions
Questions About BiggerPockets & Official Site Announcements
Off Topic
Starting Out
Real Estate Success Stories
Real Estate Horror Stories
Real Estate Strategies
House Hacking
BRRRR - Buy, Rehab, Rent, Refinance, Repeat
Commercial Real Estate Investing
Innovative Strategies
Mobile Home Park Investing
Land & New Construction
Multi-Family and Apartment Investing
Wholesaling
Rehabbing & House Flipping
Short-Term & Vacation Rental Discussions
Tax Liens & Mortgage Notes
Medium-Term Rentals
Buying & Selling Small Businesses
Outdoor Hospitality
Landlording & Rental Properties
General Landlording & Rental Properties
Managing Your Property
Marketing Your Property
Tenant Screening
First-Time Home Buyer
Real Estate Professionals
Mortgage Brokers & Lenders
Contractors
Real Estate Agent
Financial, Tax, & Legal
Creative Real Estate Financing
Personal Finance
Insurance
Private Lending & Conventional Mortgage Advice
Tax, SDIRAs & Cost Segregation
Foreclosures
1031 Exchanges
Goals, Business Plans & Entities
Legal & Legislation
Real Estate Classifieds
Classifieds
Real Estate Events & Meetups
Reviews & Feedback
Ask About A Real Estate Company
Real Estate Deal Analysis & Advice
Guru, Book, & Course Reviews
Syndications & Passive Real Estate Investing
Sylvia Spallinger's profile image
Sylvia Spallinger's profile image
Sylvia Spallinger
  • Investor
  • from Coral Springs, FL
  • Member since Aug 18, 2024

User Stats

5
Posts
0
Votes
Sylvia Spallinger's profile image
Sylvia Spallinger's profile image
Sylvia Spallinger
  • Investor
  • from Coral Springs, FL
  • Member since Aug 18, 2024
Sylvia Spallinger
  • Investor
  • Coral Springs, FL
0
Votes |
5
Posts
Classifieds

Note Newbie looking for Investment Opportunities.

Sylvia Spallinger
  • Investor
  • Coral Springs, FL
Posted

Hi Everyone! 

Note Newbie here. After completing a Note class, I have come to realize, in 2 seconds flat, that I have a lot to learn. I am glad to be here and I am looking forward to making new friends, and business connections.

I am looking to buy 2nd position, non-performing notes. If anyone have a Tape list I can join, please add me. Or point me in the right direction. Thanks

Fort Lauderdale, Florida
0 Votes
Follow
12 Replies
Jump to Last Reply
Log In or Sign Up to Reply

Most Popular Reply

Chris Seveney's profile image
Chris Seveney's profile image
Chris Seveney
  • #3 All Forums Contributor
  • Investor
  • from VA
  • Member since May 23, 2015

User Stats

21,585
Posts
19,091
Votes
Chris Seveney's profile image
Chris Seveney's profile image
Chris Seveney
  • #3 All Forums Contributor
  • Investor
  • from VA
  • Member since May 23, 2015
Chris Seveney
  • Investor
  • VA
19,091
Votes |
21,585
Posts
Chris Seveney
  • Investor
  • VA
ModeratorReplied
Quote from @Sylvia Spallinger:

I took a class called Mortgage Note Investing: Distressed Second Mortgages 

I was educated that: It was a great way to create passive income without the risk that comes with investing in the 1st position. The UPB is usually lower which make it more affordable to the average person.

I chose non-performing 2nd position mainly because that what was presented to me at the time. I looked into it. There seemed to be more pros than cons. The mentor seemed to be doing well, so I dived it. 

Now that I am in the water, things appear a little different than stated, however, I have three years before retirement and is welling to give it a try

 if you want to learn 2nds - @Robert Hytha would be who to go to btw

  • Chris Seveney
business profile image
7e investments
5.0 stars
3 Reviews

Contact us

%

By clicking send, you affirm you have read and agree to the BiggerPockets Terms, acknowledge the BiggerPockets Privacy Policy, and you agree BiggerPockets and its network of professionals may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to the number or email your provide regarding your real estate needs. You also agree BiggerPockets and its affiliates may use automated technology or pre‒recorded messages to deliver marketing calls, texts, or emails to you regarding offers and other content that may interest you. Consent is not a condition of purchase. Message and data rates may apply. Message frequency varies. You can unsubscribe at any time by replying STOP or clicking the unsubscribe link (where available) in one of our messages.

1 Vote
Log In or Sign Up to Reply
Sort By:

Loading replies...