All Forum Posts by: Mark Webb

@Matt R. Thanks Matt, if those predictions are true then it might be worth buying one coin considering where the prices are at now. do you know about what time frame they are predicting that price?

@Account Closed thanks for the info, thats some serious price correction going on there.

Hello everyone, I’ve recently heard about investors telling people to invest in bitcoin.it seems odd that almost every day I'm seeing a ad to purchase bitcoin so that is raising a flag in my mind.. 

anyways I thought I’d ask the everyone on here what their opinions are on this so call amazing investment that seems to be bubbling faster than anything else... 

I have a few  investor friends that are currently investing in it and I keep telling them they are better off with Real Estate

Some people are saying they’re in it for the long haul while other think its a trend that is soon to end.

What do you think?

@Jay Hinrichs 

well I'm asking for other possible properties I may want to go with a sub to on as well

so thanks for pointing out the lack of  land trust protection.

this deal specifically isn't a seller carry because they owe how much its worth and the note holder is a local investor that doesn't want to foreclose. my intention was to wrap the financing with a slightly higher interest rate (currently 5%) maybe offer 6% to collect the difference and a small fee maybe $3,000 over the current amount owned. would people consider this seem unreasonable or a act of bad business for solving my sellers, her private lender, and a possible buyer who can't get traditional financing? I remember hearing on one of the podcast a someone doing around 100 of these deal the exact same way. I'm trying to do right by everyone in the deal and please keep in mind the lender for this exact property wants nothing more than a performing note 

@Jay Hinrichs I absolutely agree I think there are a lot of shady people out there that do bad business. fortunately enough I'm not one of those and this is a family friend that has no other option. the property I'm currently going after has a private lender that is alright with the sub to. my concern is the back end on the selling side. any advice?

@Wayne Brooks from my understanding as long as the note is preforming they don't care if ownership has been transferred.  also I was looking into having the owner transfer it into a land trust of their own(legally allowed without the lender being able to call due on sale clause) and then simply changing beneficiaries. sounds like a more secure route doesn't it? 

Does anyone have any information on buying subject to a existing mortgage and then selling with wrap around financing on even a lease purchase option. To be more specific what are some key things to be aware of that might make a deal like this go sour. Any thing will help, I would just like to find out if anyone has any first hand experience.

Hey guys, I am seeking some advice on tax delinquent properties in **FLORIDA** I am currently looking for a list of property owners to mail or call to that is accurate, I have searched here on the bigger pockets forms and called the county directly multiple times... still can't seem to find any straight answers. I really need some guidance from a seasoned investor or wholesaler. Any help is welcome, thank you in advance!

Yes there are a few general items that need to be considered before purchasing farm land that you need to be aware of...  one being mineral rights, and the  other being timber rights.Mineral Rights are property rights to exploit an area for the minerals it harbors like oil and coal. Mineral rights can be separate from property ownership. Timber Rights are an interest in a property's timber that allows one to buy or sell the interest in the timber separately from the land depending on what state the land your purchasing in you may be buying property that has sold both. hope this helps!

You can think of credit karma much like you would Zillow. its not the most accurate information, so kinda how Zillow can be off $100,000 on a property value. credit karma can be off more than 100 points  on credit score. . .its a automated algorithm system used to gather leads