Put the risk of non performance on the buyer.good luck

Recent pay history (specifically for re-performers) and seasoning are important factors in this decision. 

Quote from @Victoria OHare: Hi BP Community,I’ve been focusing lately on buying and selling residential mortgage notes, particularly first-position, performing notes.

Quote from @Victoria OHare: Hello Everyone,I’ve been focusing lately on buying and selling residential mortgage notes, particularly first-position, performing notes.

I suspect there is something else amiss Kiavi is one of the largest lenders in the country and they perform when files are complete..  

Recognizing non performing is more risky to begin with.  

That's where the value lies.Another benefit- Its often the community banks that allow borrowing capacity to outgrow  the borrowers balance sheet with patience and consistent performance.

Considering we live in Missouri, I decided to run a free search on CaseNet, a system in Missouri that lets you search for legal records - low and behold, I found our mew tenant and he had an EXTENSIVE criminal history dating back a couple of decades.

Quote from @Heidi Christensen: Do you use performance-based payment schedules with private lenders?

The market’s not falling apart, but it’s definitely finding a new rhythm after several years of wild appreciation.I’ll break down what’s happening right now with condo prices, how the 2025 summer rental season performed, and how values stack up compared with last year.