All Forum Posts by: Michael Roberts
Michael Roberts has started 4 posts and replied 12 times.
Thanks @Chris Seveney I'll mod my calc to account for that. I'm assuming your exit strategies are Payoff loan, Reinstate loan, Mod loan, Refi out of loan, CFC/DIL, FC/FF, REO, Rent property, sell on a land contract? What would the 10th one be?
Hi everyone, I have invested in NPLs and have a self built ROI calculator. I'm starting to look into CFDs and am wanting to get a little more precise than the "stairstep" method of bidding. I'm wondering if there are certain things you would include in a CFD ROI Calc vs a note one. Obviously, figures will differ by state. Forfeiture instead of FC (when applicable), all the same parameters as notes including servicing, BPO, title, legal, trash out, agent commission, etc. Anything you include that's different than NPL Calc? Also, do you usually calculate for forfeiture (or FC if applicable) as worst case scenario? Thanks in advance.