All Forum Posts by: Jason Dellaposta

Hello everyone, I’ve been looking for a mortgage note tracking system. I found one a long time ago in a course and I just can’t find it. I’ve found loan servicing programs but they are very heavy... anyone have something they use and like?

@Dan Deppen I agree just becoming harder and harder to stick to those original numbers

@Christopher Winkler I hope that’s the case ...

Any note investors notice lately the prices to purchase 1st lien distressed loans have been increasing? The days of picking up a note for 30 cents to the dollar but 60% for non performing is getting a little out of hand. 

Our note broker so far has not increased the prices for us so we still get good deals but I hope it doesn't get out of hand for everyone. 

https://www.washingtonpost.com/realestate/what-to-know-before-buying-mortgage-notes/2013/04/18/0481cabe-a37d-11e2-be47-b44febada3a8_story.html?noredirect=on&utm_term=.a671c7f1517e

@Kevin Mathew Galang well I got @Scott Carson  course as well as Donna Bauer and that helped me a lot. As for books Turning Distress Into Success by Fuquan Bilal & Private Mortgage Investing (Revised 2nd Edition) by Martha Maeda, Teri B. Clark. Hope that helps!

@Gary A. I’m developing one as we speak it calculates different outcomes and the ROI for each

@Shellond Chester I love mortgage note investing it’s a steep learning curve but very profitable! I moved from traditional real estate and never looked back, no more leaky toilets, or undesirable tenants...

@Skye Anderson this is why I don’t own properties anymore and moved onto mortgage note investing, you have all the benifits and profIts without the risk! No more leaky toilets, missed rent or anything only worry about collecting :)

I've been purchasing notes from my broker and recently Harbor Portfolio has been popping up as the current note holder. Has anyone done business with them directly I haven't been able to find any information on them.