All Forum Posts by: Pari Thiagasundaram

@Bon Donaldson you havent said what the first lien UPB is. I would have the first position lien to his property. Treat it as a business, this is very important. Not sure how many loans you have originated this year, but make sure you are Dodd Frank compliant as this is his primary residence.

If you can sell it for a profit, then that is the route to go. This is what @Michael Swan has been talking about in another thread today. https://www.biggerpockets.com/forums/62/topics/394...

There are other places where you can get a better return on your investment. 

@Oziah Tamam, if you want to learn about investing in Notes (1st position), here are some excellent videos from @Scott Carson

https://vimeo.com/search?q=weclosenotes (Free resource)

If you are looking at investing in seconds, checkout @Dave Van Horn 's  https://www.pprnoteco.com/

Yes, it is a hassle to have it a LLC's name as long as you have more properties. If it is just a handful, have it in your personal name and get a umbrella policy.

Have you ever considered investing in notes than having a rental?

@Sandy Uhlmann, do you want to share your experience on why it was disappointing? Was it the huge seconds that you bought more than a year ago (if my memory serves correctly)?

What are the pitfalls that others can avoid? Im mostly into 1st PN and 1st NPNs.

@Ron King, i posted this on another thread:

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Here are some excellent videos to get started with from @scott carson

https://vimeo.com/search?q=weclosenotes

I would suggest that you sign up for his monday night webinar from his website as well. Its all FREE. !

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Ive invested in OH, IN, SC, NC. You dont have to travel to purchase non-performing notes, but i would suggest you get some training so you have some sort of network to help you in other states.

Here are some excellent videos to get started with from @scott carson

https://vimeo.com/search?q=weclosenotes

I would suggest that you sign up for his monday night webinar from his website as well. Its all FREE. !

Typically funds would give you a yield of 12%. Why not you work the notes and get a better return? If you would like to meet and discuss, message me offline.

@Tatiana Santiago, here is a link to Scott's video's. Really good ones in my opinion. You might also want to sign up for his Monday night webinar which is free. You will learn a lot there.

https://vimeo.com/search?q=weclosenotes

Welcome to Note Investing !

See if you can sell it back to the seller from whom you purchased at the first place. Find out what kind of price they would be willing to give you.

option 2: How about you do a JV deal with someone who is working on a non-performing asset and split the profit 50-50. We do that with other investors.

I sell performing notes as well. Please contact me offline