All Forum Posts by: Dan Noci
Dan Noci has started 6 posts and replied 19 times.
Post: Get Cash Out of Your Investment Property with no Personal Income Needed for the Loan
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
© craigslist - Map data © OpenStreetMap*** Refinance your Real Estat. get CASH out using your equity. Up to 80% LTV
****Pay off your credit card debt rate of 28.5%. Consolidate all your bills with one payment.
*****NO LOAN POINTS**Pay escrow fees only.
**** NO PREPAYMENT** PENALTY***
**** NO Upfront Fees****. No surprise costs.
*****MONEY IN 5 BUSINESS DAYS **** 5-year term or longer.
CALL ▶ ▶ ▶702-733-1947 ◀ ◀ ◀ TEXT ▶ ▶ ▶702-595-8080 🔴
****Dan or David
Post: I bought 1.5M worth of property in Detroit... Here are the numbers.
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
How much muney did you start with?
ty dan
Post: General Contractor Recommendations
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
Vert good advice .
Las Vegas is booming do the investing here Why you have more control
Control is thr key word . No body will watch your money like you do.
Good luck
Dan
Hard money lender 20 yrs
Post: I bought 1.5M worth of property in Detroit... Here are the numbers.
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
How much did you start with.?
Post: 🔴REAL-ESTATE EQUITY LOANS . (NO LOAN POINTS.*escrow fees only*****)
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
*** Refinance your Real Estate. get CASH out using your equity. Up to 80% LTV
****Pay off your credit card debt rate of 28.5%. Consolidate all your bills with one payment.
*****NO LOAN POINTS**Pay escrow fees only.
**** NO PREPAYMENT** PENALTY***
**** NO Upfront Fees****. No surprise costs.
*****MONEY IN 5 BUSINESS DAYS **** 5-year term or longer.
CALL ▶ ▶ ▶702-733-1947 ◀ ◀ ◀ TEXT ▶ ▶ ▶702-595-8080 🔴
****Dan or David
Post: Looking for Hard Money Lender for Las Vegas Properties
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
How much do you need.?
Dan
Post: My business life in las vegas.
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
Thank you
good luck with your plan.
Post: My business life in las vegas.
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
i have been in the finance most of my adult life. 7 years in stocks & bonds 7 years as insurance broker property casualty and 20 years as a mortgage/ real estate agent broker. Live in Las Vegas 40 yrs. I am interested in making hard money loans . Any one out there needs my advice email me.
Thanks
Dan Noci
Post: NPN-2nd position, first in foreclosure
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
Originally posted by @Mark Gibbs:
I'll get this right out of the way up front, note newbie (i.e. 1 note).
I am looking at a second that has an unpaid balance of approximately 30K. The first is foreclosing on the borrower, the court date is set and the unpaid balance of the loan is $170K, I cannot identify if attorney fees are included in this amount. Approximate valuation of the home is $290K so there is some equity. This appears to be the second time the borrower has been in foreclosure, it appears this time they are planning on letting the house go since they did not respond to the lenders notice of foreclosure.
The question I have on this is the lender on the first sent out notice to borrowers of pending foreclosure, nothing was sent to the recorded debt holder in second position. Is that required?
Second question, at this point how would the debt holder in second position protect their position? If say, the note holder in first position sets an asking price of $170K to remedy the unpaid balance the second would be wiped out. But if the second attempts to enforce rights under the loan, wouldn't this potentially protect some of the debt position or is the secondary debt just too late to the party? Foreclosure sale is scheduled for 1 month from now.
No federal or county liens appear to be present on the property.
Before I get a bunch of responses indicating, don't bother with this, it is over your head. That isn't my concern. Nothing ventured, nothing gained. Thanks for any insight you can offer.
Why not offer the owners cash for keys if they accept Call the foreclosing dept ask for amount to bring current .If you like the cost pay it Then record the Deed in your name proceed to cure the first without disclosing title change make a deal with the second a little discount would be in order.? Get a new loan payoff the first .
Dan
Post: Where to get pre-approved? Don't know where I'm investing yet.
- Lender
- Las Vegas, NV
- Posts 27
- Votes 4
I can get some realtors to show you some chepos in Vegas with 40k down i can finance you the balance Not sure what house hacking means . I can get you 3 bed 2 bth $110,000 you can rent for *$800 a mo or more Till you get bank finances i can give you a 70k loan 12% I-O 3 mos. 3 pts no prepay.
Thanks
Dan