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All Forum Posts by: Pari Thiagasundaram

Pari Thiagasundaram has started 49 posts and replied 266 times.

Post: What passive investors do when performing notes go bad

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

@Chatree C., we can discuss this tomorrow when we meet/on the phone ?

Post: Recommendation for a CT Attorney

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

http://www.legalleague100.com/members

Post: Seperate credit card for rentals?

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

@Rich Thomas, I use the "Online Bill pay" or the checks for each checking account. 

Post: Newbie in the Notes investment

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

@Rahul Bhatt, I am from Fremont as well and invest in Notes. Feel free to reach out to me offline. Contact information is on profile.

Post: Finding the right lawyer

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

@Zachary Taylor, checkout http://www.legalleague100.com/  for attorney's in the note space who can help you with that.

Post: Learning about performing notes

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

@Kellis Landrum I would be happy to connect with you offline and discuss. Feel free to reach out to me offline

@Account Closed, I am sharing "our" experience. I did take some training for my note business. Ever since we started investing in notes, i am happy to say that my wife is exiting out of the 9-5 rat race end of this month. 

Post: best way to structure owner finance deal?

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

@Mike Springer, those are for lower price band assets, say less than $100,000. For higher price band properties, you just have to sell it at market price and take that money to invest in notes elsewhere.

I get deals all the time with 2 loans, 1st would be at around 100K, second would be at 15K at 9.95% interest for both. Sellers would discount on the 2nds and sell it for 8K. You could hold the second which will give you a better return and sell the first to other investor.

Post: Info on property tax loans

Pari ThiagasundaramPosted
  • Lender
  • Fremont, CA
  • Posts 292
  • Votes 102

Sounds more or like a 2nd position lien. It really doesn't matter what they pay with that money.

Why would you want to do that ? Instead you could buy the tax liens from the county directly.