How to Buy Non-Performing Mortgage Notes | Real Estate Notes Show
Episode 15 · February 9, 2017 · Real Estate Notes Show with Dave Putz & Nathan Turner
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+ Google Calendar+ Apple / OutlookOn the Real Estate Notes Show, Dave Putz and Nathan Turner explain that buying non-performing mortgage notes involves purchasing distressed mortgages directly from banks at a discount, then working with borrowers through modifications, short sales, or foreclosures to generate cash flow. Unlike traditional real estate investing, note buying allows you to own the paper (the loan itself) rather than the property, meaning you can operate nationally without dealing with property management issues like repairs and tenant problems.
What's the difference between buying notes and buying rental properties?
When you buy a note, you're buying the IOU that the homeowner signed—the loan itself—at a discount. You don't own the property or deal with repairs, tenants, or maintenance. You become the bank and collect payments or work out solutions with the borrower, while traditional real estate investing requires property management and capital for renovations.
How do you find and evaluate mortgage notes to purchase?
You receive tapes (lists of 5 to 600 properties) from banks and hedge funds. You evaluate them using free tools like Google Maps, property tax records, and online title searches. You don't need to physically inspect most properties since you're buying the loan, not the property itself. You use BPO (broker price opinions) from local agents and online valuation tools to determine property values.
What are the main ways to exit a note investment?
You can modify the loan and keep it performing for monthly cash flow, short sell the property with the bank's approval, foreclose and sell at auction, sell the note to another investor, or use deed in lieu if you own the only lien. Each strategy depends on the borrower's situation and the property's equity.
Key takeaways
- Non-performing notes can be bought at steep discounts (50% or less of property value) and generate cash flow without property management headaches
- You can operate nationally and find better returns in states like Illinois and Ohio where property values are lower but rents support strong yields
- Self-directed IRAs allow you to buy notes and generate tax-free or tax-deferred returns, with some deals yielding 12-50% annually
- Loan servicers handle borrower contact and compliance, letting you avoid debt collection legal issues while maintaining control of your investment
- Multiple exit strategies—modification, short sale, foreclosure, or resale—give you flexibility to adapt to each borrower's situation and market conditions
📘 Want to go deeper? Get the Note Investing Due Diligence Ebook →
Frequently asked questions
Do I need a loan servicer license to buy and service notes?
If you buy bank-owned notes, yes, the servicer must be licensed in your state. However, if you have an owner-financed note, you don't need a servicer license. It's highly recommended to use a licensed servicer to comply with debt collection laws and avoid violations.
Can I buy notes online on a marketplace?
Yes. Exchanges like MCI Exchange and FCI have platforms where investors list notes for sale. You can browse and bid on notes online, though most institutional tapes come directly from banks and hedge funds through brokers.
How quickly can I get my money back from a note investment?
It depends on your exit strategy. If you modify and keep the note performing, you collect monthly payments over years. If you foreclose and resell, it can take 5 to 18 months depending on your state's court timeline. Some investors resell notes within weeks if they find a buyer.
Topics: non-performing notesdeal sourcingdue diligencedefault managementloan modificationforeclosurebpo & valuation
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Full transcript
Read the full episode transcript
um first of two but yes we're talking about is their cell Francis and there's thank knows where you're buying basic mortgage from the bank versus buying from personal ones a home and Creole yes so what is up to find out is distress mortgage investing as a whole in different sector than they ever just briefly go over love with it we can go out loud with the pull right over on probably JT people lose LC I locate exactly there's a sign for downstream you guys and people work what we do is we work with ourselves you join venture people we also work with other colleagues and partners to be even together the acquiring notes two different to be tragic um one thing that says do this by the high return of care additional stocks most people or stockbrokers of going into shock and this is less hassle nutritional real estate that you guys may be aware of the console us have I don't have again like you just kind of reform us something we do is we acquire the tapes of those terminology the business Apes to Lissa property we can get those and evaluate the teams in prime property that we find is a great value the past on people to adventure Grover color won't do it and work really horrible take capital in will buy properties and literally pictures outfit worked it approve introduces a great return to both people they were implemented it is the motion of workouts will absolutely to work out with the homeowner their services to work with modifications blue and I go through all these things as we might go on for pulls you on the home which I'm trios are more where oh and also sell Mario the bank owned assets thank you guys are more aware of that you guys are trying to buying it great deal done where the people selling those things where the people of the auction selling the foreclosures so we need under getting a great deal we're already making money we raise a hammer or a door that there's a broker's nor it stops where we don't have that Avenue cross trust mortgage is where they come from as well no 2007-2008 disaster your state people's values the bottom off a lot of property default and lots of loss of homes life and lost jobs turn thanks ranking take the surplus and banks out on the mortgages were astronomical so what happened to create a great sector investors to buy these notes and a discount directly from banks in FFX one it allow us to get into properties that we may not have gotten before an inventory you may not that important did agree more buying a mortgage and bioassays we don't fly brick-and-mortar there is no frickin work clock remind paper on the house we're buying an IOU that the homeowner sign off on that piece of paper for discount if as I mortgage the hard thousand we can buy that paper for less than hunt down and make that spread itself you guys instead of value to make money on that Gail okay on what we did you is all go through some case examples of real built of wee bit involved with including the answer strategies that we used to can I that deal make our best bottom some prompts are less numbers some rocks comically off somebody Charlie mention for a blue short sales we offer short somewhere you the bank so we're proving yourself we can foreclose on it we do a modification or other words forbearance agreement or we can sell the loan to another investor if you choose to do that which they need the wholesaler we can buy you the tape a note or single note and I could sell it to you and that's brokering your home selling in the world of typical real estate we can do that as a no investor I can either buy it myself and doing venture partner or wholesaler give to somebody else and make a small scrap for you investors in real estate well how does this is a great addition to what you're doing or or actually think older what we do you become the back which in turn means you're not touching the property you're not leaving the hammering on killer problem you're killin test you're not dealing with turnover the toilets or roots or phone I'm buying as a bank position I have the letter 12 in the borrower and walking something out or work with little girls easy to find what the becks text right here it may make this into a rental by most deals that i can't find papa i can turn a note interpret the floppy and catch a little more than you could because you're buying at a retail price on buying a full set value you don't resell as explained before you continually by a note and sound off and get a good bag same thing you got to do with poems 25 on the night we do same thing so I'm matching what the difference is there's a lot of similarity to what you're doing what we're doing where's the import of all higher the food chain it will be real by the big one what a lot of you are going now is your love in the IRA tax code is not to to measure IRA anything you want you don't need to be in stocks you don't need to be upon you think that your retirement accounts into real safety in the business and the self-directed matter we're able to take other individuals who have maybe a lot of my inner IRA and invest in the notes directly it'd make a great return in that passion if they don't have happened in that area so if you're looking for a very mature at twelve fifty percent return sometimes we can do that so knows we can't begin at ten percent there's no fluctuation of flex you're going to get a temperature turn in your IRA four fingers players whatever turn a little bit so what we do we do is we buy discounted mortgage the purchasing value of its to refinance the content of the current market value so we're buying a property in jersey we could buy like we're on earth on the house 450,000 all on the wall okay defense is a very good library Asians but we can buy a shoe percent of the current value where you guys we buying great deal of seventy percent we're buying it 50 proposing on it and so you go to seven okay his difference exercise we can use there's some if you want a short-term gain clinic this account just like you're flipping houses we can click note please quick return values does not bubble pop we are you mentioned i increased my capital by buying properties working one of the edge' strategies and return it we're halfway if I bought the house with 150 in New Jersey and for 300 I propose on it and then I sell for 250 to you I can make capital rise within it I year to year depending on the deal ok my money and I never raised a hammer nothing like that go tell the whole self identify what they call performing loans if you were to note the quick where it starts performing you now turning to Fulton loan inch of a formula which means is you're going to get cash flow like a rental property every single month without the headache of a toilet all plumbing ball left to call free zone out all those kind of issues are gone because you're no longer the homeowner only to that your wells fargo their capital one you're all these different companies out there provides basically mortgages or lends money else and has a hole in their capital as a asset on paper only to never turn up receiving this phone call and that has both a lot of IRA guys love that okay ir a la performing loans twelve percent for 20 years and they forget about in the stock market you go to vons may negate everything give your mindset from only apocrypha to owning a milk it different mindset a typical trishul real estate investors sometimes going deaf but that's the vengers you're no longer having to deal with hole in the floor if I'm not wanting to help some doing issue and if I am for clothing on it I then bought it to the discount that I'm not worried about the problem is that i was speaking before we got started tonight one is we thought of home on are desperate to save their home i had an article like to share with that the things that they want to stay at home they want to say their credit and then we're going to do a windless we should just have saved a home the briefly discussed a a deal hop in jersey or white the past away the salt and three children and you also shows that the house is defaulted he couldn't you i think--'cause in the house as kids what it was trying to shorty edgemont want to deal worked out the deal Henry Payne that our family deal with drop the unpaid balance of a full mortgage down to it freezing level and a win-win for everyone to Petrov a money he may like and everyone's happy so can't help a lot so a lot of times people you have negative equity massive negative equity there's a motional equity involved with property fine 30 thousand dollars on the value but I love my home it's where I want to be and people will pay you they want their home the set there's different types of loans an executor defaulted discuss mortgages there's a first what about senior Lenore primary mortgage there is different first loans basically meaning that the first word is on property is a primary alone it's it is actually above the secondary loan but it's person command and the way know any think we have that at the end state is HOA high wrestling impacted an additional week so that's a protector I go see Dustin for the Joplin else Hector called junior liens or secondly which means sometimes in 8021 a whole lot a lot of credit where you can buy the faulted second long he locks off another one you device to fall to the second loan that you can buy a much greater discount because behind the first and make things happen they make money that way okay now we're going along anymore you can simply I typically focus on the 50th harness be found out about you so we body box and value here as me weren't you get a house in Jersey 50 grand we do this nationally because we don't care but home we care about numbers but make sure we have somebody go out and check the property out just serviced Lee from the outside view we can I enter the property we're not buying it probably buying the asset on paper we then have a value of the house and we buy it discount of paper okay working this nationally we're not stopping filled out of it dr.
Jersey I'm not sucking Texas i bind what it reveals elapsed okay we then go into Reaper for Milan newly modified long you can buy a Reaper for Malone at a certain yield bye bye hon okay for Malone you can buy that as a performance in a second or first you go buy a hurtin for you by season long raluca good payment history six months 12 months you can buy a 12-percent and forget about okay um and different enters also before we want another Bank the 13 legacy is not scare us into seventh of the stairs 13 typically thankfully everyone was in 13 chapter 13 to have to pay for five years default we call it sorry any book that you end up equity into proceedings much more legal i'll be there but it's great i can call attorney not anymore I portrait typically sometimes a smaller person the homeowner better concerns that maybe industry for clothing laters during these fell on the floor leader dating how long or boating today and won't pay for problems what what am I looking at what's a sign of what this you know lon roley's needs me another concern I can't get in the five you guys or expertise on the property value pocket I'm going to bring it in during alone with a bar out of me think I've explained will be more about what that looks like what does it mean that more than me how am i buying something is dummy female yeah we were getting into we can make that future cash flow we didn't capital hit next time you can check volleyball you guys definitely have a hard time you paid a wholesaler or you're not to yell letters or hang hanger hike the sent to me think here's a diagonal assets you can buy we could have bid on it if you win it we get it in house and it gets shipped in fact we handle the paperwork you have everything else and works at through our network of people so we get the inventory sent book versus you guys sitting at going do you look as I said before we're not buying our backyard that's sometimes I think some investors they want to buy the backyard is our comfortable place if this strategy edges you you can find nationally make a great return and now can wherever the backyard limitation competing with everyone and your brother in a certain area that you can expand your interests that all over the country and basically expand your options and decrease the amount of people you're competing guests not having up half a little vest in typical real estate you know hard money lenders and funny money you find you know available cash and just trying to pump Kakaako we can buy properties in these seconds for five and fifteen thousand dollars sudden you could leave the money down we can buy assets for that little money sending three four thousand dollars you can buy a great mortgage for thirty thousand dollars and be worth sixty thousand dollars if fifty percent of value so you don't need a lot of capital to get started do that as I said before an orange blob anything oh no where were you now baby seed is so flexible to what we're doing holy cow plus it's great thing like you said before now I can talk an attorney having fought somebody they may for quickly make automated foreclosure but now I can work with something and it happened develop a plan from here time before i go back the judge if you listen to faith father PK but we have no way of knowing what it do anymore let's get the fourth quarter started bak bak blue judge allowed to out your time again delays concerns before the time different states have recorded on taxes the proposed in almost two months georgia same way different state ohio illinois at five to seven months okay we don't need a buying jersey where 12 to 18 months on some deals you know God by your courts explain even longer than that from some of the borough's we can buy estates Texas we've seen is 58 you buy a note proposed get them out today you're done you get to copy back you then put a big Charlie selling you ever you want we're selling auction you sit unless the place you go to the auction buyer happy I get paid name such as I can't ask my property very difficult Stratton difficult thing to get over two times but if I can buy it such a great price and I can even look eating of that county or that city to go over there and look at the house Kate kitchen is it skiing is a reformer if it's nothing major I can view the inside cuz ominous I buying us a discount I'm not overly concerned with major difficulty typically can tell the issues with a house I'm basically how to want that how the windows look you can get a good feel how does it possessed well doesn't simply they have issues with insides will happen of course but typically doesn't have an issue and we get needing a look at them and that neighborhood to find out what it looks like haven't they Homer's have don't paint the Fallen numerous different situations do the employment or emergencies we have situational show examples Oh their kid with a column just saying I don't like to do a college and I don't care without my Creator my mortgage I'll do it I'll work it out you gotta look over these many borrowers and they just whatever reason stop pain and they thought on three months behind nothing to do or the bank will turn my phone call oh my god three month me and I love my job I got my job back now and I capital I call the bank and they don't return my phone call I kick it on the phone how can I deal with it you make one phone call them I've been caught also example we have I can't get a hold on the lender big one call me back one phone call one two or not we're answering please here's my check banks and lonely funk a home on one football bit and said before thanks sometimes or position where they can talk normal well they won't bother you default it we have many long we don't care about one person once you provide or dock your door the shop great itself email I'll make the phone call auto mart I'll sell i'll send them a faster flowers let's walk yeah the bars kind of funny with recent letter numerous reasons Leonard cannot talk a little on the borrower but a lot i'm unable to reach Leonard where a reason where product sometimes they vote for you guys because you can't find the inventory we have access to different kind of hedge funds and different banks that we have apps of direct connection so that released a trust and we get the available products available right now what's available are we going a bit in tomorrow and make a deal happen to get you gone okay so going outside your area binaries in the country that the rent is cheaper real a great much lower that's equal to return be high meaning in jersey your rents are going to be pretty good for the whole country's law higher right but in places we found this in Illinois and Ohio with a wrench ourselves knowledge now someone worth 50 grand so I'm buying a house for 20 25,000 30,000 and I'm for hold on and I keep my right there in a thousand a month much to your return okay we're getting great returns on right now just a big secretary now is going online ill deduction defying book property I can buy a property in Illinois and going sir we have a scene with the abilities that you guys have what's happening in the neighborhood what's building up well you have Southside Chicago's big why where's the library of a bottle go tough shot for filling it up I can get in there get cheaper and then get red lips rinse it well Leslie you got a puppy with a little mouth and you buy a jersey and get for Rick terms okay punishing the value of the potty Oh done your puppy whoa please is great easy for you guys sometimes dining something Ohio is typical we a different strategy ed and I can share the weeping value your company 200 on weds work we can get broken place opinions okay we can get internet access to different speed or three sucks okay and we'll get into some website we use and then obviously providing an IRA returns or self-directed iras we can buy this up and goodbye obviously if you're out familiar with the IRAs you have a traditional or walk traditional and you think that's later walking eight that's it now the money's tax free for life by sing a note hanggang or walk by your enemy make egg ran on it a three for life we can buy more and more and more on your wall traditional obviously complete taxes for the money up they buy your IRA bills in whole you're doing we're doing you can get rate return in a big axe primary out where claps may be 0 if you have it a walk some of the ice under my rating companies on new news 1 comma plan every choice there's numerous other phones that have availabilities to self director honoree we're not always having to use that TD bank's and that merit raise or wherever it is out there that you typically use um you know Vanguard with that they don't use this type of stuff but they make the veil Botox property tax and initial means that is above a person we use this like a nitro online I can put a zip code the city the state whatever in it will give it a county site most of the county out there that is true they're leaning to reporting liens online well i can go on there and find out what mean it on the father and determine this is negative taxes on it or 0 is attack soul it is not safe that is first before us we don't performed on it we have to fade it between the front and the first position doesn't even have about the IRS tax lien visual community that's what's going on any priors ugly two things come on before as well free services obviously hello Julia Google Maps read google walk we call it I walked out block and enable it I like neighborhood I don't like it will go David types of a railroad track I'd be careful while created what is the railroad tracks mean into this block I'm no sidetracks is true a lot of prints in the country ping sites we use a real quest side view bread down to get more mls listing valuation on the property we use a combination these two and allow is a BPO from a local agent and 12 in love later maybe supplies we call a little agents in South and Midwest and they'll keep you long for a half hour tell you the issue then entire city we just want to vote but I really don't care sit on their ultra nuts they say can you on your way home creamy try by the house great wonderful keep coming in addition keep on with nothing oh I was down here and I walk next now I got my card to the picture for you and Bob the neighbor came out hey it's not a fake it and it yeah I have a spoiler but you want to call and wii games that messed up no Sarah we don't need the phone number where is your value with profit and then neighbors are applying even maybe we can get out of patience brother spice paying into the couple different sites near some of the more popular sites we can be used for brokers price nationwide you go on a can order for ice cream okay Oh any record slight or port orange shipping recovered reports we can use a lot of them more popular running years obviously profile out we use that make sure why give me 400 work for one flat rate you want to talk them to work that out and get a full title of the property before you buy you go to the county records first and before you buy before maps are just fine we don't work to find out what all the ports mean the floppy are back services what a service services of people between you and the home you do not make the phone call to the homeowner a lot of laws that you can violate their debt collection apps you can make you can violate if you don't do the right language and follow right portable don't we hire services who won we buy the note they launch assignment and all of the orders collateral it's set to them they hold it in house and then conduct a home on your behalf they can be betting out good cop they can play good cop and be nice to homeowner and work them now I think ninos Apollo hey I got a whole a homeowner this is the position they're in what would you like to do I like this that won't call you right back they call home owner they work out on logistics they also stand the mortgage to the homeowner monthly okay we also can work out rehab they can handle foreclosures they can find a lawyer in any country any state you have your foreclosure for you and need a middleman so you can be anywhere in the country doing handy you want to do work in the United five you do that down buying up Sanofi here at the poet thing that's going on where you want to pull make decisions okay i sent another one FCI's another one they have exchanges as well where you can buy and sell notes on those well pop popular echa strategies these are low cash for keys if the length of a homework does not want to do anything else or get rid of operative sick and tired of it whatever the reason is they inside the lean over to me can you imagine buying the property percent of value and the whole North says you don't need to go through foreclosure and just not reporting like my credit is here's the keys you don't here's your properties for the d-loop formality paperwork boom it can be that easy okay short sell we also known as so it tells you can work with the homeowners so we're some work with a hallmark they allow you Oh them sell their own through what we rotated have price you all three before charge the cell phone you get that home phone for them if you bought a bigger center value and it's underwater and whatever situation you can get that helps old r every one dollar nothing you would like to and you car that and get to help sold you get cashed out the entire amount of the unpaid balance of the mortgage right foot motion we can foreclose it we can sell at auction at whatever get on the home and putting lawyer fees everything else ok any fee we attach them find that mortgage we can add to sell the auction all right we thank you hate the property back at auction you can say this house with great house I want to get back I'm gonna put the bed of mine and I'm going to make sure I make I wink okay you can take it back you can rehab it you can tell that it is we can or we owe it and Bango until it is 13 other high then or can spend down the copper cart that in here let's keep linearity please go there happy to do well let's keep him in let's make lots more we can reform borrower has any reason ministration present paid one reason it's listen how we read a gucci girl all we own the paper on fire right we then can keep tough to profit from whatever values that if the unpaid now is 30 thousand and 41 52 are delvin we can say you owe us 200 we watch it you can rewrite the entire loan modification the one on we can get up things we still have a date we can block them down make you ecstatic about station and thank us beeg racism ecstatic that we can make their debt and we'll make money same time so we can make a great ministration every time any question right now we get into some guilty done any questions right now we that i can answer for your planet sure is there any marketplace or no step with an yeah what can I go online like when I'm looking for a profitable but can I go online to buy it there's exchanges out there that people are buying its own assets and buying some notes where they actually can list their nope you can online body if you like okay what is that popular website mci exchange on one there's a couple on there the fci servicer they typically will if a if a person that is worked with the exact change a service are chained top and that's yeah I have a property a note and original vector want sell it if you listen on their f dash change are you talking is your whole thing more geared towards a bank-owned note switches investors from Fiona so yes or on you are there places to go to did you have like one or financement that you're selling where no buyers are well I don't know because I'm not mean that sector but I know people who are in a sector i can definitely connect you guys cool there are places in Michigan I know Facebook words that they do x so x right there's smaller group so too it's almost much more groups yeah the whole sector doing this the yield isn't Leon it Sarah fine coach maybe ten eleven percent or note where they're buying a bangle enough simply can get twelve fifty percent season so you can tell so quiet so eight ten percent yield to the company or the investor for new songs go through so when you get a tape I guess you call you get tape comes in check you know what I'm interested in that one guys like how much times you have the biz are like final and best offer buy particular date how do much time you have to do diligence that's better unfortunately does that are some time would take that a lot somehow they have final quest we need forbidden body to see it just depend on it that the pond I'm getting from you simply want to get on right away and get your numbers in by the taking they have a final date do you know was it how many properties are usually on the tape that you would get in photos are you married from five to six hundred okay so how do you do your due diligence on 630 you there's different websites you can do it well I'll typical do is escape room figure 1 values of good because I'm doing for so many years I can kind of value things based on canaria in different states I'll stay out of New York okay we were staying outdoors for a long time until a change for are walking dirty used to be 12-18 months now if you have a homeless big four years I then can propose in a matter of 16 months must ever that's big so so if you body ain't are you can make it for yep two and a half years ago that when you buy it correct I could we'll see you baking on and I'll often explained you don't know exactly because you can figure it out you can pull lunch of companies how you know I'll move there by his house he's electric so on no it has been opportunity years oh ok thank you I guess but the hallmarks of differently and let's come to the military what kind of properties at Hampton thank you you not go either they dependency on if i sell urinating i go out and show us and put spot look like the whole new roof well that you were damaged all constant okay um you want to be there make like reporter or may think what gonna fall one do it up and have a glorious nation so if there's good and bad ball if the data property looks great condition the neighbors listen it's great this situation go ahead and buy a vacant property you can have a situation they have a plate homework I'm exif occupied one Carolina so we'll make sure the rainstorm they did it but the properties build jug great i'm not super worried about it it's nervous specific way in which you want to speak to the bachelor negotiated Jimmy getting better contact the bank to find out on one alone is nearly impossible typically don't things you call bank the Ori Ori tape we don't want to spend too much you can guess won't snore 15.1 that default in a year ago here's fifty watch your I try by Omar it does happen but simply we biking X 1 45 investor community that maybe 25 million hours that have keeper they are 32 notes they want to get rid of their just flipping near they born at 25 notes and group at pointa center some sweet 45 they're flipping and they're going for the wholesale and you get a great deal and this one is simply make the mic well Pat anywhere any other buses were at this moment real quick question what specifically in New Jersey our nurse there are there any states as we journey one but we're a service or is required you know for what you're doing or for another finance nope um the servicer has been licensed in the state not the question is a required to have a servicer if you have an owner finance note or if you have a bank on you don't need an episode no it's highly recommend if it comes up their debt collection act you can go a yourself and make the phone calls um give the homeowners smart or go to where they can get you on certain things some of these archived at an AR number that we all call you an AR number to get how old you so you can sir finance questions you can't all that certain products okay home of the dogs can't talk now only brought the person the borrower is what their mother came over door there's certain rules we have to follow which allow the lender and all the hassle for me is not worth what effort on that and that's cheaper an owner finance loan if Steve had property be sold it can spit I mean you're the Fair Debt Collection not get the power you know who's that be concerned about are you claiming a debt what was just doing devil we've gone involve this one this is a disaster but we're going to this situation we wonderful 11-8 about 4,600 hours and that tax return and we pay commission to the broker we bought the video 25,000 grain thought Philip we finally got entretien where the house and aster as a lender if the Hausa taken by the note you can enter the property and secure your father's ok once ounce of beam vacant you can enter to flock to make sure the house is secure you can secure your asset we've done is no content all that food cost twenty thousand loud greater value we didn't care we want to react we didn't get into big 50-foot don't paint corporation that we won't get in the big question so we decide to use my region are actually at a local region realization promote the front corner option do now it was some auction great if not what we look for for tomorrow and you'll agree now we put I think we put a bid on this thing had like 20 grand we can sell at auction between I finally we're in Japan little of 6016 eldon result when i'm not at walk she was the drive so if this property we'd was an upper former we figured that'd be foreclosed and resell the cultivar one time that hold long and the bank would need to pay the things what a reason the bank would not pick look wait me entertain us 9 45 a month we're working on opening theme we end up returning a great father Bill cat point all the first period on it and we plant it we have the case can't program help them we fly into the past 12 months the llama obviously Cincinnati Ohio New Jersey arrived we bought a house and we're reforming selling our premium I'm sorry we bought the first we the borrower could pay between every planted in a high income and they wide the full amount of defaulted mortgage joint but he came out and the back fees and a bat pumped about the huge bill debate over your time I was really for the farmers hands college tuition its tuition this choice is money we didn't wear destination when we collected money and then we sold the thing because it's performing for so long at Virginia but gas gets turned twenty-two percent we got a performance / nervous blowing up we got it forming we have color period on sold it up wiki could you do something wow we're so for um sublicense appellant you can buy or read why for 61,000 black and mortgage on it and then sold it you've won it for six one thousand it was diet 101 week like it's seven thousand dollars a month maybe 945 for a year and in solar 60 simply thousand elephants Italian so we collected humming cash in recon so it all good we do yes this is one thing you cannot file note that grass but can't find out with the wrong you can buy there are small amount of people out there doing lending money on the subject but a lot of times people use a joint venture other people and you may have five min then we buy it on 15 grams for the commission I'm across rates are likely there's any kind of money you make on the deal oh I'm sorry so in this situation say you can have your team you're on your own how much did the service provider that you hired and do this deal molson one percent of nine percent of the all you're saying gets enough the less you how much 20 went down I went seven and would you like a drop down pay down know that buddy don't want to drop them pay balance don't eat it okay what do you want to see you again we want to get a month payment either way one you want that we want yeah y-yeah else we're going it would that be after you talk to the borrower at all yeah you're talkative I know the service all tomorrow yep I don't talk tomorrow what's the cost of your services 45 we're good right now services are depending on what level servers you getting once your binding on formula it's for Madison with you bring Allison 3085 dollars a month we're not performing well that's what each threes enough to play so they may be blonde every single day via negotiate they have a whole feast ready they're going to do a modification or whatever please I out among the palm borrow the polar barley they want to do not to you 55 hours once you buy the note and then we're doing often do not without mr.
Jones on behalf okay keep you holding I'm here because we want to know and we want to work it through we want to make sure you don't get report on what can we do it up there great you want to talk them go ahead little getting on the phone service up and talking directly on the phone and they again the phones with all my yulia door knobs throughout the country right even though all those took effect estoy sure you want to handle it you think wanna rock daughter with a boat a server and you can able to eat no you don't want to plan on house that cloud will burn your screw right it's been it's not copy its original till you listen common bond with them talk at them I'll get a room that's 25 once it goes performing they send out the multi mortgage payments of both statements and expect the money for you it's $15 so for this point if that room goes performing one of years left a famous we can send out more fishing out there we have a whole escrow things out do all the liabilities all Accounting things love it the 15-dollar month but long you want / 26 / for that once before fifteen dollars a month correct this one we're just about the perps we made a bit of a contact we could go forward we're just about to close and proposed and up homeowner walked out ms outside walked out the home and let the house keys musician we touch the pop it down yourself they're different states of defeating the way to go through this before in progress if it is moldable for your dumpster to clean his house now it wasn't hold a wall just jump that multiple we clean the whole thing out we ended up selling it netting 2012 on vaca we got the purchase it at newquay 80 what period ended it oh this one was in about equal this is different I just try and show you what definitely don't we basically close to a bank vault property you guys the big or flower get excited more than oneself we call we did in LF larrya if they lose a little boy easy that deals with foreclosures do that you are Rick your God hear our favorite I and you will have to pay that's me a lot o your god you're less than what happens nothing to work you less know which is we need carpet put 15 hours go pink or opening on a concert and let's go c'mon and we've been trying to find that real taking decide what we need to do that baking finding the reagent in the area and that's new communications compatiable done apply that braids that pitch what you look for mr.
Carter this would rightly great question what's more to you what agent do you like to work out what was in the most viewed as needed to make sure they're able to work with the situation where your own house and they want to sell it as an investor you know what makes you good your little whatever you want make sure there is just as you are so that's the question do you think for after that son similar to you out there how many Gibby gone show me some coffee near deep worker what ynot ministration how many painful Papa's any working we've got a lot of difficulties you find out and there's some needles you think you know talk to preform you're going and you get a feel you can get a feel upper tier time ask the question you know God real estate give me an idea if three of them are seen anything get there he led up there anyway fight you my agents are seem lovely but point you know it's where I left there's a high yield performer wonder why we haven't sold yet we bought thing the bar on jumpin java 13 12 month payments the house is worth less we kept paying most likely you get pain how look wouldn't work we be going on John good need you kept hang hey hey we got a great returners 44 27 times you got again thank you 13 I'm sure you send someone example we've been growth we're different in two strikes out okay proposer a big case the region where we perform Camus came in pushing with us when this was in figs Arizona replied on the play energy timolol a google maps we love it walking goodbye maybe new weezy dates on them great yeah absolutely it may be true I just are these going to doing knowledge we say anything it dates of gear with me on earth have to persuade or the point so far no personal oh this one I share the county for this popular deal happen you bought is obviously 5,500 hours we're closer than I set the passes were 55 / hours we bought it taxes continuing about you poor close enough property the key is particularly the entertain was ten thousand dollars in past them you can earn hours this part of town the appliances up hitting their own so all as is so anyone is doing with you out of here and ladies there and want to buy a great big property and find pooping get rented boom this readout for money for all of the month to me 50 they won it was it wasn't what we're looking for fun we're about to do riad I mean kitchen you bast and everything else it was just clutter brought that there is jump I'll be on jump what do you think air this situation the borrower had three rental property area the proposal two of them we knew that going in with a door knob to the homeowner when you do not deposit letter when you hold anyone we end up getting is going off afterwards again we could work on this house and the Gregory answers or but hold her to start paying with a rent payments for a few months defaulted I don't know green issues of sugar that's a pain issues that once you got home being up her mother he's moving out nope goodnight are now a month 50 months after footballs so we have played around get rid of it and sort of stuff anyway this is a clean a while elderson sound you're saying what you made money in this yeah we may watch this is a bad deal I think they get eleven percent return to Paris wish I mean blood was dead bumpy who are great in our notes deal one person was / depa 39 like is counting any word on the meal was after we foreclosed on it it took five months to county transit eat over so he just said money goes again five months with jennifer d so technically i can't sell it properly those my name but you are ownership we have worship after you separate or jibley soul immediately as is 28 grand could happen but if you were keeping it you say hey I wanna make this a rental you could have rented it after seven months yeah absolutely yep seven months before they're fine with your deed million we do it we can we have it I've ever even haven't seen virtual 10 grand right hang it and into it for I don't know 20 40 grand and rent a tower block them off at me and all the house no more you can't pull you up tomorrow together of course it in ready to invest yep doesn't have much money yep and they just want to walk there either yep look here this truck will you begin to there's different shinies you can go on the exchanges you can't haunt that people like myself its listeners me want to do um and by know how much money you got three four thousand dollars we can buy seconds back on Capitol utilize secondly it's more risky those people of returns upon mr.
failure but second you can take if versus this report was on it take and white to second out okay there are some states off to the decays or now you like my three courts where the second is going to be take you get white that clear but you can buy a second 45.7 dollar okay and you by horizontal or known for 20 grand and think you can negotiate a lot movie part of short celebration this next region even a seconds go for like ten percent again it is reforming the different areas yes five to twenty cents per range if it's behind a poor me burst more value if you find a not for me first it's less but might the first can buy you out oh yeah they can have to like to audition we taught by announcements hand up me where the we had at first which i buy it said creature and they want to way too much money together you know it's which we ratify it and we're dealing I mean I kind of proposed on because the second when you go show up so when he Oh enemy for though goes on the house with your soul so what happened what I needed no dije game so you can only do a deed in lieu if you're the only lien holder you can put in your stomach to the second I was just so neat you everything else I was it's like a subject I practice every tues tuition yep my feet look like ugly anomaly the best path is but a brief or 10 hours and booklet as an extension to a question by Jason shortly Europe method in which you have a second there is memory and where you reduce the chances of being so far out my first it does anyone Emily if you buy a house say it's worth 200 and the purse is 150 you have 25,000 our second all right and it's 25,000 equity we buy that for three thousand dollars you can use this one is happily there even performing it first and not going second you buy predominant and your role is 25,000 the whole world one else is 135 and how is what you uttered you are less chance to be like that but if the first is performing and you by the second that's not for me this is your time frame you can you wait and you can prefer to Lula and then you go into sub to their first make you all bring that Lily maybe soldiers burst you would get title to property or closer boy right because the first problem that they were performing there not knowing that you take proper the time is going to pay me more most likely which is fine anyone ever after three he got 20 correct we can sell look look give me 20 no money for clothes and you take my hopes the first metal of choice although house for point but for me without a line down I couldn't quite now when yeah all right I go to go at three thousand dollars i wanna sex how can i I your find a friend to sell me a second that's got a food performing first time either more than one day you want that more expensive sorry nothing I want uh not in the second world's much render all second world and just not like other thief it's not my first level okay it's a versatile crush yeah um he'll I bread la sheriff for my next meals the veggie option for this deal but he's the second time I was do you this week and a second Pete a second alone look second easy a hundred grand and by the million seconds okay and we will go great Bible terrible then we'll be a home run at the hall okay that second well there's a little bit less risk please show me the returns um yeah but Sabrina I affect you when you're talking about things like you to rehab for renting it out when we as just regular investors we've all heard nightmare stories of dealing with that when you're not around it's very hard to see how rehab is going how the printers aren't paying all the hassles that go with it you know it's the same thing you're doing it but over there you know you're just doing it where you have now here the bank dealing with it so even though you're making it sound like camp Bam Bam oh we just we haven't bitter that there are a lot of I think you made it clear i won't look it up also listen if you file with contractor and mobile maybe it probably I've enjoyed the photo op and with the poly magically Liz if you want to sell this house where you be commissioned we want for naps pitchers and then we're really tomorrow we do purchasers please don't have anyone you send out to see the properties know you could write your name Torres deal may find two wars not bad idea but I mature yeah we completion where we go we'll get milk we have cooled out of the business that he might eat you do is game break up at no cheat special up to punch it now it's a copy again reminder you cannot not going to do it required by the new not sweep the bar before by the net can't do that as far as we do not in da not slow that we cannot contact the bar on a means letters or nothing we buy that once my note gets the great you can constant once that freezes done we then hunter made upon management hey listen your bank looking for a screen but think we really spawn as see pictures oh don't release my as weak and what's it done yourself are you it was something going into this video question yeah it's scary it's Kelly's Ricky oh yeah they're still getting involved in issues it's not sweet Sally absolutely no you know but we have something contractors gratefully far excellent and we we have we done where we've been true decided everyone else's work but are still making money and do we make one of her to do not fill but nine thump would make me very much kind of the question mark on his pickoff but you said okay I had an idea because I'm the butcher I had a short sale go through my mail offer and when the discussion has septic except the documents that can be 30,000 to fix it uncommon for 40 the vehicle Terry ingredients that are on of that was earlier that keyword I daikon later on calling testimony to compel me so that I cash needed a minute so I was thinking there's a smoker out look at me go to the bank trying to Bonneville 47 are you saying that I came contact and you can't know older and turn on the owner of the note or the significant thing about genital you can't took a correct you can't go borrow you can't work from but if your situation we were doing and go thanks Ernie would you know what you send a note and they say yes believe it little one alone if I went up and I see Glenn is talk tomorrow fine it's in on soldier agreement it's not a law why you say you can't lower level to the bank and texts they're doing so well then they sell you know 47 grams somebody's on it ya know you only get that I don't know i said if you do this I want to be with you okay you know one time playing people off a lucky little girl well thank you great together the house whatever movie you know yeah memory times not to get force exerted on the whole bunch of da new charging you know what I'll pay the HR they time you know it's not it's not nice okay the water in it it wouldn't Billy feel right this that was bought Georgia love Jordan we could put one two three months three watch my walking 11-5 first mortgage BPO about forty cents cut just a five hours we played all we did don't week Daisy is a picture for me POV and even with dry by a pitcher in the picture of the guy driving lawnmower the guy lives there oh my god this is great walking up there frozen young k balance 24,000 46,000 when Diana home exactly okay the multicam around 220 hours the homeowner was living if instinct thought the home was foreclosed on the daughter moved in for free cuz I now what cliff father I don't think it helps your clothes off walking up two days and even back up not into work ma'am were little we want to actually get and she says I just sitting nope my penis to the bank because it never got foreclosed on and the check came back you can recoup that's in my mortgage payment to let me get the lender on the phone balls up would you take a payment straight out we want let their dip them up he then 11 jordan $20 23% your term yearly for the year on lemon pie for users in return and after a year I take quick 26 on out for the year I then could sell it at fifty percent yo anyone in this room when IRA at seventy thousand dollars ok will make 15 grand fifty percent return on your IRA we're live along if you bought it 17 min and putted the 22 / out of here and there are y roi hearted sixty-three percent eternity here only God we wanted 11-5 cited this much money any closer because if you're obviously via AP was in return a less for using an Autobot you want eighty percent term note every year that's out of dollars you know I rang you but eighty percent for me if you have internal on it it was 20 years one question we kid with you get it what happened to help stuff then you bought 14 and you hit this balance it does happen for the homeowner start performing staying off the earth now they have enough capital the question they go out by at home itself good luck hello mom she said something about you know she couldn't get in touch me came back with him you called the bank go we own the mortgage so you bought me why don't know yeah we wasn't put okay we did it or not she said I'm in trying to get my team I had a statement said it an extent damn check back cool and I said my check you okay the helmet wolfish what goes on never was and we don't wanna get for going take that fleet save on house can we pay somebody down alone if I find out that we do though awesome became now buy mine weed is nailed Maryland we've wanted for 12 5 unpaid balance this is one more really only mortgage colonel 100 four thousand dollars cuz they have been a while their rears 21 grand houses under water 45 thousand dollar value decayed us on the portfolio morning at the first one closer it thank you yeah 30 days put a schedule out and what we're going to do how they do again we have to judge dusty you saw the foreclosure again short if the promoter going again morning of the second foreclosure TKS again thank you very much again the third convoluted us to not allow me take again excursions on then but she then there were attorney that will recall their attorney the attorney for that deal and should I just really created me wrong personally I wanting to speak a gallon can you get it on he's after make a famous duo beefcake office and collected for 25 we're going by for 25 a month 25 total men's 23,000 hours we made 2012 five and here they are on work voice about rusik percent a year and all over like 20 months 24 the lone time you're going to try this one 13 KP is over I'm going to modify the rent a day or so long if put it back up to going is modified which okemos leader wrinkles out the lips we should call so long to investor that a 28-month season-long performing art and film by the IRA and make sure each other at the time we did this to your head $20,000 I feel just what what is on this recently we spotted you lie very energy actually jun 30 first twelve thousand dollars pump a balance 48 app purchase the city was 55 I saw 64 this is actually in now Winchester outside plumbing outside uh definitely from death to point out me it's the kind of community HOA is involved h way in order supercedes you if they were close to leave something in each way is subbing to me okay actually they're not aggressive it def number third object you don't like finally I don't know live that's but I poll title all right maybe 750 nationwide row title full out rate 750 I think I had somebody go over look at the poverty that it was great the neighbor came out there's some friends of them I call the eatery person yeah the neighborhood friends the person lives there Tommy maintained in chesnee long zillow for sale for registration marble countertops crimes little brand-new this house remodel new movie I saw in the county record you look beautiful ourselves rebounds of me for the whole honor fine we walkin oh god not consent or got hold of the person hammock in blue here 40 years now I love this house might at least not until december and once they hear love the house okay get hold of four more left okay to call upon my servicer called message listen I'm going to probably get into an upper out there they do not forget all them on the farm up and get out grass from a homeowner so I'm down is through door Don in left one my letter say leave for the homeowner same situation if you built respond when asked for full died we're not gonna let call back neck day I just talked to my service explicit doing ups happening and I let the voiceless my service region holidays do not get back to you sooner of that jela for the homeowner what you want to do once keep the house Murphy and motives here should be if they rent out 350 a month 12,000 he will draw enrollment a free are equipped a month until if it wasn't probably Dean the one thing I am concerned with skills each way its a four-dollar not lean yet and didn't file it but I could negotiate leads away right you still behind you still second to me she paved GT down David six thousand dollars to really cut to get something back going issues in rears about letting brand so I saw I'll make six thousand dollars if you wear the proper not for health the top so bad she stolen from a home and not caring about much she could fix that when i was down i did a 20 year mortgage a 500 month so in a matter of a year I'll get 6,000 plus six thousand i'm out now that the deals I'm putting the money in the food next 19 years I can receive 500 6,000 hours a year the properties they have enough enough very extra 45 and a year I can take this performing well and I have nothing on at five and six thousand dollars and selling a home loan for twelve forty percent yield at maybe forty five thousand dollars so to you it's quick in six grand a year you've got 45 download you get a grip trim and I can get I can't hurt again I k she stops payment what can I do hold on well I got 67 out of town 250 a month okay we're seriously do this this 4 p's reason I have servicer with a whole lot of automation and they target with his five pillars in eat out here the one modification a form done she sent his hand to her and me I signed it it's done it didn't folks i can now the whole deliver but with pot or not as much when x 1 hit upon and the apnea may concern been employed leaks offering special problem pull it off ok come on i'm a fine lady fix themselves ok call me and they have egg means holding on they want to keep them busy with work 4-close our thing and if I got everybody and I sell it and I just saw in August it was a hook comp development my phone is for their old a makes and models another one so over sixty six thousand dollars if I for closing this link on that 3500 hour and foremost I can literally proposed take it back function to bank-owned property so I is for fifty five six thousand dollars boom tip one more letter to hold on me make a big five Amos I'll put went over our budget 6-close honor use her money to foreclose on her and then sell the property or sell it off your Pentagon or wholly right so so when you put those on it it goes to auction and in the bank's the first one say this is the money I want so what I oh they do differently in Ohio two-thirds of appraisal value guys sitting I death this is no real to ya did a property that we repealed around 29 dolly he came back OCT six thousand dollars ago Brenda like she did we kidded so we paid around 40 we need like twenty five options no he 26 we had a more than 30,000 enumerating so often they're going to know how to buy it so actually yeah but we didn't put a bid in it go through the appraisal value again and if he hits six grand again it got to a 206 hon see you is the bank actually I have put in at 32,000 are you in a bit oh how it works my work again I'm leaning on my service sir I'm leaning on like my Twitter wildly question that implants me on a lien on it tell me what I work if this thing them how are you do it well this was happening in time okay three did Chuck a bit on if you don't this rally okay I'm gonna bid on a thing so he can eat gloomy nothing about it Nina their servers are cool maybe you one deal with in this month he's handled 40 other clients he's been in a situation for i right even though we're getting massive amount of numbers he doesn't mean animal you can take me to help my dialer the NASA does watch you know I protection stamford up to put up the film Adele Matthew Matthew oh it's the last one g of day I just going to buy one in Lancaster South Carolina numbers of that one the video game between 90 and 100 thousand we're going to buy 458 they can goes on it fell at 85 to the value catch up yes sir how are you hit the purchase price a time some pigs have numbers on some pics have a dollar after with their reserve bites hit some things don't you just haven't been figure out what you want to be out you know um pluggy back with the fly down or whatever bid is that you know you don't know that your bidding you know but again in your sector there's a lot of people on one property that one is it love it here's not many people involved so people definitely asset in a week they didn't have thank you left you know maybe they fit what you're looking for maybe too low Donna you know fun speaking from their join a million dollars maybe they don't want such at work 25 grand okay mainly by evening's there's people that love Detroit Michigan my whole life for a mission in progress leave it we could bpo's work by house we're not correct so my background like the evaluation of large shapes that's what I did that you know probably i'm working with funny that would get hate visit decide with the value of the home is inside of the house is what level afraid if it a condom and it's the region where mobile com I'm solid on my comp I don't gotta call up with you like knowing that helps work obably can drive by mr.
house to be burnt or damaged I doesn't know about but won't so even here okay pick your pumpkin drunk right up it quick to turn and drive line up everybody oh I'm my utility service whatever the housing ah scoffs Ohio that there's nothing around come close touch out there the river one rip okay a typical news will find a cactus he looked at some trouble is it will put it is the house of words say 100 will say we're in a market at its Ohio the win play it 45 cents on dollar what we'll do it 45-7 what takes the taxes off 100 of the housemaids by bram now 295 won't take after that for forty-five percent of that number we need fax it off the ppl and then we need a number all so that's how we can we do all liens pause the video and in 45 47 jerseys victim catches your date 55 ski sense why the type of poor quality 50 days and get out back and what else want to chill South Warren really hot because appreciation for is very high right now so helpful you same thing everyone so California one hora de would love execute order because that yeah um so you you look at your cape you evaluate you say hey I want to put a bid on this one let me bid x amount of dollars you put that bit in like are you locked in at that point or do you get a due diligence period once they accept your bed quickly to dingle do it will do the negotiation at first one lock in a number they'll send over the bottle you look over the bottle I said listen to my song villages are making a player turn up here in time and we provided for you I think the easy give you a few days grace some companies are 387 block that number listen I need tables at the title I need do it or not all new Mike you're not tunity others gonna be at week before when I'm doing my initial outlet they might list and knock it down to maybe 45 and then i'll go ahead and do it or not to what the pocket looks like and then choose before by all the milder will not need to the fire it should help that you pulled away if you could picture by a package unifying sick baby pen i may buy some alone but there's one I like it what myself attacked let me give you a ticket to get your eyes whole package no jump let your chaser gay people like dependent company some of that funk why are you buying the difference somewhat you by patent you know it's been settings or a lot more often important cockatiel teachers or not I won't or do or not all the drive on how to drive right in the picture I'm standing yeah it looks like it's same position what you took yep great thank you very much give you my all my my L'Oreal angel my cell phone thank you very much fifty bucks ivy number of sweet i'll give on us by the area when this house is done upon that's the way I work with each brother house is dirt ah house burned up it is a homeowner not give him you know if we buy a note in the hall this house here Jen home runs are not either I support language course make insurance keep walking for nine months coach 57,000 what it is I could learners and sheriff I couldn't he bought it it was burned down and milled turns you don't flip side 15 yeah 3 4 15 yes we have let it work we have the ability to echo a set of the bank position remember playback you know without really 30 more people you know we're not plate in that situation so yeah we can get insurance on topic to secure our asset who's plays insurance my letter it's a 39 my servicer hey pictures have insurance no it doesn't can give me a price for a while yep and whatever the place is just a number I'm getting we nine dollars for you know is that so I'm having a little bit of trouble thinking about up so when I buy a house it I think of it as worthless right I'm still paying taxes them still and I can't really let it go can I walk away from but if you then without any repercussions guillotine accredited he gives a holy Lord if I'm the homeowner I understand like now now I'm liable and I really can't get out of this hell I'm saying if i buy bad to you left no note holder can I just walk away and call it a day where I released lean but do that in say that's too high so there's nothing I got a package deal and I think I've hit a puzzle box no it wasn't listening advice to you gave us no 15 her box alright then begin this deal goodbye boy call my attorney and he is bring me up a release lean loosely not them and you don't have any anything that you're on a ladder for my letter they make your lender and in taxes go to tack sale I'm sure what's another cocktail and go to the point where the top ten foot pole in the homeowner they tax down and wake up mortgage that's what they teach the exciting of attacks are or get into it but you can really buy out the program if you buy tax on in fact support brand you buy it you get in that position soutache we're always being where at we're always checking the oxygen sure they're not the quarter if not what they and growing onwards if they're all ready to pop the amino similarity bottom that's where the public arm event if you for being a homeowner for from the mortgage will make sure that after our current if not returnable am it's a passionate ton of extra pain may throw hard listen I don't want Mike about to insult texting okay my textnow mortgage why do they do that you know I me for this weird you know some people are more attacks in their mortgage made it does thanks i click we're ever and helps to the bank nothing anything look at that up hold on the l2 bacon i clear it forever the facts about the careful of xtina her our school is that ok my doctor but we have to be careful taxes in authorship so we go I middle names and high wrestling get that I'm fell apart equity exactly tiny sandwiches no I mean to me when modify it it is my mentor said in his equity one modification there is no reducing principle it is pepper this one had equity when she bought it by Giglio me 48 they were like 15 I never was thousand eat something was what he hold on the down low career but it was fun I wanna stop the unpaid balance here it would deal you don't still some tomorrow you're just another cop takers before you rental and ridiculous if Gio me a heart attack not on 35 and only listen on this why God why father in you but one look if I'm going to work 25 reducing 265 and you put a pie bread oh ok we run the mortgage and don't so now every doesn't matter much to me beggin seats and lens battery war then estate people the desolate area health document I want a homeowner that can work with the person being fish sometimes give death give offering management of New Jersey guy died he's divorced if I go bowlin Jersey you done it so far then women run homes okay I see a lot of faces ok any questions they could come on you know don't read it personally privately or interesting whatever the painting now in I re money pit stop I mean nine hit that it gets Wall fell dollars or walk I her a little ones blue more tears who's Mike went out of the year he was gonna walk by the right and she paid you back out of your IRAs program knocking in the year and you're cutting spod rod mungkin your IRA for life next 40 years and you're there a hit pass the cpa crushing tax on it ever this is Walt alright that's 31 in the traditional obviously they'd actually thing up but your binder is retired covered a lot of our time is make this happen I wanna buy home alone and get a 12-percent it even some tournament and not where the stock market 584 month 10 x 10 other players emotional I want to take you as random by four bodies that would and I'm going to get what's up hull temperature forget about it yes sir you sold units and postman units if meaning new plugins or be like 10 to 10 people get together and each you know invest $50,000 we can definitely do that I haven't personally but I have friends with Kanna I they always used to like that because worth your team to me never give my big thing this feeling Mitchell really niche he knows it's such a small group people people are imperative it's a very small group of people it's not its massive but we have a conference in vegas april and as one is one may be created people or they say about 5,000 to eat woman and punching a writer and only two percent of people do self directed IRA Hollenbach there's not a lot of people involved and i find out how many attractive how many so it's networking with a thing if i have a question that only hips to and our vision I have friends who do is more what I have or dunhill that I never done before like blow up you know we brainstorm hey we know about this place I family in Augusta Georgia oh kool keith under guillermo phone photos he do drive i know you just never people eat bility my stuff ain't buy more and more and more and as you get more familiar with it she didn't couple it do the team and that's that's what i would ever win games having won the book though or you know moving foot but a discussion let's look at eight and two values you see some vital thing you know he once a block-long blocks that's not really company me ok looks that way from Dino you know we could be particularly that you know there's some time some people out there that you demographic this in the poverty area on behind the couple of some out there that do demographics I'll show you pomerleau know me you know that's l'éducation do that they don't care but item three the matter and you don't care about the old isn't people out there what it would be for you know what can you buy notify the drift the first it was personally i bought my first wisdom i bought fish my house throw now that I've still step you know we thank you i go more so hot would you make on it hooray yeah I mean like like a little boy that's holding the output yeah we're ready oh yeah I did everything wrong right cuz they called bit wider the nice thing if I know it is ok for the rental property is a red lighter great key thing you can collect the ranks as you propose in a run water agreement you allowed to build it tenancy the borrower's not paying stop pain upon your rent money and pay me you'll infect the entire cost report their feel that locks into the required in the mortgage agreements in the borrower sign off on it you can click the wrench from the bar in the tent so the right right are asking which corrupts people Adams it all done in one and some of them explore oh I'm like animating army what's wrong letters only big dance then where is in your letter Polly borrow a more literal home yeah delos a great day do you have to worry about anything when you are doing a loan modification as far as we qualifying the person you know make sure you're not doing anything predatory or that type of thing or the servicers take care of that because it serves you take care of the point on applications I don't feel that I 10 should not say there are are no qualifications of getting along some additions we don't you know more than that but I love money out my corazon can I do location the one this one here she is her with her all organs it's good where's my mind I'm the special she be able to do this deal she did it to sign off on it I make sure it walk away or desserts okay and she did it and she good fun and one thing we have to follow with some glancing in the second floor in a doc might walk it's a big kind of paper there choirs certainly be more agreement itself glancing make a little sketchier because no risk level so thank own copies or board came we feel big to big five a Camaro also have the agreements doc I think you may your own political shadows that's all Frank can you tell them don't answer that be careful of those things but bank-owned self-regulate by the government so but yeah this one she said fidelity we did it I made sure that there's no problem with it I will sketch about it if you don't apply to it it's in a flanch meet that's our whole budget she won't do it do it yes sir moving to a different question sure how do you spend your day he queried out of ideas literally you can't work a nine-to-five job doings you can do what you're doing real estate right now and get it some thought we buy this go for 12 grand and you say your servicer I need my own private or not desire to precise I wonder up tomorrow and let me know the results are really litter sort of call you back you guys going up there hold a home on yeah this is a derivative what you want to do if we back in a little meeting playback two minutes go back he call you once pretty pink ones grateful for on look you want see once with his house on the 21 down I got that too much it gets 12 she says known as well I'm fooling me you were gonna make unwanted you 925 we do anyone what you just goes on and on someone thinking people are there to a million-dollar hits one who this will go on for step do you know what a little matter where's that for you don't eat it the way you want you can seem to be doing and this is never again adjacent you do now or worried over you boy or imposes again if they think that was Bonnie think King poverty 12 this is over stop paying it is probably the proposed for brand for clothes get picture tax paid like three grand thousands on a secret swami said don't let me eat 50 marks and rent them at a program you could spear at the Yellowknife you know getting copies if she great threats yeah what do you think we do is when we get a ppl it's also figure out able to bring to us I know the current comps are parental father's roof area if Brent's cookie her talk month yes well I'm not going to give this thing without one reason for some careful country that's a helps with 35 rain you can't buy a house or a reason the paint to keep it out look they don't want to have a ball whatever bios is like okay right the buses alone okay very good question oh yeah we invested so pretty explain to me like as far as next one's wish their criteria so who you get involved with hedge fund you'll find on school drive and once you sign up for direct relationship looking for they may not work with some appreciation from the more lean elders to listen underscore the cakes let's take a list cool hey all different works with with the proper an example of one here's what's apologies this is about a year old if street address they just wait stop you can look at this you filled out one beside the couch like put it in a look at you The Chronicle and maybe we're 15 grams he doctored all your abilities he chocolate ok on the time I'm gonna know the local tourney I'm 53 out there from hell we believe me they're a big clock in the fiery up there how much per quarter quarter my global taxes full 80 michelini with leaned on ok my legs are three grampers may be the pack size these positive bucks in next year's no 505 2000 hours or 48 weeks at once and so tax a thousand maybe there's a miscellaneous cutting grass for an hour and then they say listen a precaution three bands for horse okay I'm in this much money them if I have support for skiers 100 a 5 grand for it will you join up a friend is the plugger together you just we work I working people all right you know to do JB deal they listen hey Dave me walking through okay okay hey man you know Gil gets blue background looks like it looks fine to know obviously the Cleveland clock we feel is a note that property worth sixty eighty thousand because no American up to 32 31 4 months ago foot house oh so like their property with a 300,000 closure I know it back sybilla's rep papi you said listen one you're pretty cursory which may proposal right I can't call the bank tail on that it's very difficult to keep isolated same health they send a pic to us we pick off that tape so if I need to make that needed that you know that service vehicle departs it's very difficult I have my three acid out of my ELF hold on they started lost in December why did I finish it won by wells fargo I'm never going to find a person that automatically net the perfect how big a loss heartless if you feel awkward and even worse ever they would often finesse I'll be disaster and you seem like you think the same on the bank they're like three years Felicia preventer tennis wrong against them if anyone is awesome I have boosted estimate point out though that's it we have 50,000 a pastor Walter that we said I'm a somatic you see sir I think if you add the only time they can do they get that you guys got a hump there are thrown that there that all you all think so long to plug in for x and there's people out there that can get keeps very fond du net worth fixing over the years I can i have here we get any benefit you know I simply don't buy girl English starring to the burger ok we're looking I was cooperating Ewing locally there's some down south dirty or something gorgeous that if we get into I can we buy a while annoyed why I can find cheaper if we get into a better if I find great sorted pig built on it texas won I get great Tex one-oh-five on finding a second off on one you know I've put in Greek city days okay boom you know it's got that's it this is a division one questions afterwards come up to me block me let me know your thoughts are you know is it different albums from what the true sir will take mark to get you at the brick and mortar you're buying from me a little higher interchange and after the county does the earth say to the bio for further studies in a value but I've worked with us in these program proposal would like to clean down by seven so you're happy on assignment when you will hire invite that you like this any other questions concerning to screw the before I new measures how can you get started asian dude sign non-disclosure you then get it why do you need for you on extreme site ascetics Jane that one site you can also go any Moulton or three we have fun I get 12 X in it like a broker in don't you anything a tree look is that have 30,000 great there's no America are they worth 16 notes blue-collar notes while they care but I can tell you what to prevent any milk object or Detroit you want that I you know that's a question yeah well you I 13 get on there to wear spring time you go hey you buy it six thousand dollars coffee for 25 30 35 pounds and if their value and it begins with their number corner park without model but homework terrible you know it wasn't for a reason what's doc look exactly the a degree in a year and that was God the bar go to me is that I was this period you have time did you touch with comes down yeah we we have people over 30 a typically don't buy annoyed because of proportion are building by monetize on your computer chu any tour anyone days record in North New York we begin brooklyn bronx become couple years just wrong with reporting from so just what I I think next are you don't have an equation promoted by seven months ago hiyo go by New York more like mantle authorities at 12 grand a pop move big 12 15 18 and said buying one for heart out what I want a hard time are you because I violate the hormones at heart out me better than points at forty eat out okay strategy but you know I did to stay out of the hard to tease out in detail is capital and what happened by three month by the hora 50 about a lot for 350 tons of tips then one more 50 please in numbers and again IRA money the big dinner roll your phone over and I ray the oil is up rected and pie look this way if you don't have it work parents or whatever you know I'll goes out on money but I have a fallen hero by red bee I'm Punic War grampian stock market for sailing ship stops verse 12 and 19 and a day to go I can't leave my real estate apart okay really and then you get returns and all of this time numbers he said whatever credit to Daniel readership and then I've now been forty six or seven turn 45 come early 10 grand a year but water flour a little more slot to fall for just that you personally argue wrong doing a lot of JP doing yeah that's the idea you know sometimes right on literally what I love oral ending is not big there we gave you people on TV at my life I everyone and then right now I just couldn't find barkeeper perfect and there's nothing there solutions you know there's a copy in jerseyville I'm in Pennsylvania you have into it your comment you know where he lives back its lucky person if the cops are always the one in Vegas October Gulman big April when i'll be done to you can do this up anywhere and people out there so awesome to deal with and it's so understanding I'm entering awesome buttonhole you know and you can talk with big guy chillin chillin our hitch one what I want is no questions just kind of beer you drink river yes I'm not happy in doing does 1130 that action from them but you've been in the business before with your job yeah well Jones my god is upon the floor mr.
issue probably two dozen 12 12 or 15 five ways or buy from 12-2 operation but I thought you said you worked before I work those one inch of the ten how would I a notice about two years before I want first ten spin experience yep buying properties and just work with them and it's working what it was work and you have a feeling bus with you x 1 dou by your first then yeah and you want a billion but returned to you browse the one else has happened can do it do it do it I mean only one with six per time you were there everything on the group's you are forged up here and sell it or a force out they will tell you how we're doing 50 20 grand okay course you had one you know any quality do that then yes you primarily said that your intern it yeah def arrest first yes I obvious in cycle but it is not for me I'm you know burst in many ways I've actually done search and that's why my mother and butter is good in resetting split second third great space maybe be getting mixed I think my buddy bought his first second 10 grand I think you boys in red and bumpy down dating and going to market until the pretty much get the evening out extend the grad school play nothing when I didn't know we got to sell the fold is second one the other questions is calmer and even friends here nothing or okay I'm going out of my dude bears you know um nothing too ambitious you know what I'm doing do personally I wish I was more aggressive as well you know my partner return you know we hit we do he'll he's still upon funny he can't do for same way he just hated hood wet you know actually does earlier that doesn't end to the moment remaining two thirty cents we're buying a big trip revive themselves please nonsense well you can serial number of this well that x is that it works 48,000 my crunch club I've let a good press luckily the bar a terrific made at the buy one get it rhythms I couldn't show up the day off I try again any way you guys could you Jill servicer handle it with phone calls I fell asleep you right now you go right over while niacin one tomato and 13 enough O'Neill until you don't absolutely and I screw the first time because I didn't look impressive huh my first deal is here so they didn't that door not fair they didn't do it out the homeowner fast enough and made phone calls played see no send letters wat that do not even like a fool boom boom boom they don't respond two weeks before we take six months before get pasa photos after a letter from worry Sarah you know what began by the money for a RF or IRA money to grab yes I'm a sweet spots do you these front yeah I could propose we left early response um typically will will in case of just shark playing games and what kind of tension you made it work with the borrower but the fed by the quizzes and they have to serve the bottle I kindling want to come to the borrower why I want to do the form on it a 1x six grand laughs at my 12 I'm getting 500 a month that's 11 of you that and then sell it 40w for forty percent yield at one okay you know six thousand dollars the food utilities both a hill is your grand sell it deep breath in the year at yellow makes Rivera we've got the same for a second so till you get this is pretty good reviews watch it expands you want to be five equity in our video even something to the first but they have to take well then you can be something you can get a house and bring up homeowner let's law the Morrigan first maybe a subject to you would attend or the first mortgage and that old its first mortgage if they don't buy out you pull through a foreclosure and he get the first of George you and now you know they must go beyond the problem here on the property of you other more rapidly when do you have to pay that mortgage back you get me loans paid off here's your sign from forming down worm won't oh you can saw the property and then they often yeah much time do you have like if you you make a second equation you know once a child at raper you're now the cutter or can you bake them off you save me Bob second yes and there's a person place so you've watched second debt to twelve thousand dollar mean that day there's 100,000 first time yes so now how's that play out so you foreclose is a second how can he still interested I'm making your payment they're not making a payment or both maybe this really know what yet sir they look at me with the first for the g20 long it says they may pay you off because they want to in under 100,000 over 12 well they walk it won't be wiped out no ever be want that right they oh they may offer you two thousand you could say no look you foreclosed you take file you now appeal against Estelle that you are you most likely get a new low now we can do more self if you want keeper we can sell it quickly and you're rid of it until holding up you have to have a name later means you want money out of that you get a new mortgage and it as operations you know that running perhaps you'll that now of a sudden you are not to thank you yes correct you can remove it or an agreement or hormone whatever you finally feel just right where you want did you can't go to be subbing associate and if you don't pay it off then that now they have to go and do the whole foreclosure process so you now have as much young couple months to sell the thing and get all your equity out okay look sooo shoretel this would be an idea to know people that just deal with first and then back way it's kind of like if say in theory user event will primarily deal with first is it possible to kind of like do some kind of know investing cuddling where you get that purse I'm going to get the second that's something else is averted I mean I was learning many how many halves about budget maybe what's the chances of wheel anniversary on each other so ready knowing where you would find out in point where you could but what are the odds that i can go to 32 on setting another full count also Kurt he owned as well set it is very or do you do it yes you can work together but numbers it works large it just doesn't it just an odds are not there yeah it's very difficult I see some wandering eyes Wow there goes alive how'd it go before this didn't know let them and they'll pull it up know nothing about those like what is this notice just worries me I think it's the first time I understand ok so you you've heard it a gap card I've read about it and it's the first time I'm actually getting then worry what are some concerned you may wear some word bits back Theresa risk of losing everything about Jack yeah but without the risk well pump is more complicated there's a lot I said me I've never go back to reality you never know what your client me I doubt a homeowner you buy this he'll hide his personal I wanted to be out and plan on working the wall that's means which to me together we want we just like it by a new settlement service her and want any clear coming out well what do i do I want to lead to death what are you doing up ok w deeply do your own research yeah ok what you doing back into that costs a certain email simply put our service is what good on ya twice sweet on French Pig okay where we do now you want them to balance what's the matter but tell us a bit ly certain thing if they have 30 day supply a demand letter or proposed a good start that we do yeah okay and then we would walk you through mr.
door service derpina beat by hours a month to service you are so could you know nothing about it yeah ones you buy right you can be fun you want to do them do it or not okay the whole door dr. the whole on it what you want to what do you normally do we get in at Alpena I'm going to want you to use that handle cigarette you get three yeah where you want it okay we click into the loop social place would cut back up the letters really be down my throat they want n you know looking he sit let me see by the elusive leather servicer is regulated yes all the regulations especially if all the guideline they're not regulated by a photo yeah but they follow the guidelines of fair debt collection act to make sure the desert making all the appropriate steps in debt collection and it just different states where soldiers are they don't be licensed in they're not regulated where the government's the converse all any other question for wonderful five questions feel very lucky and heavy on Anthony got thank you very much guys they said last uh last month why you guys came out and made some commitments right gentle couple things I'm a Grimm spreadsheet up here so I need you guys have made the commitment so I'm going to pop and to spend a few minutes let you see how you did make sure you get your second we're going to do if anybody wants to make any commitments anything for the big clock days when they come they think you're out clean you suck so I appreciate you guys coming out here feel free to hangout networks a little bit thank you for fun well and what a dope oh ok I have a challenge healing like at the moment and I got four deals first day up with the critiques cordele 20 lessons monday vs go abroad for you awesome Jamie gives you money from a deal the next time I find I gave you 10 we're always easy khamoshi you know if the idea what I was like personally is team together it's sit down watch people make it match my time with rookie five together and make a great team of lines up nationally and you can grow outside of the Trenton unique you know filled up area where we're buying Ohio or buy pot of 61 and we're making money that way and that's another factor of weekly bday sir yes we need Jamie that way do you have to go if you're some kind of chain of command it's like your new Toyota for clothes and all that meant but you get all is picturing it looks like it's in the Senate okay yeah don't like the house representative yes and tomatoes the kitchen can qualify so what you do jb green we need a cuddle you make me grin this is the deal i'll make also do or we may go to duck no better italy listen I makes it they didn't give it here unless we did with the girl yeah through to the kitchen partisan cause problems and we've got the world that's a good point care of a minimum here for you to guess for Katie's in a few minutes I mean there's something other do I don't just because i like i like to subject i love doing stuff you know few days and nights we get people to work out more notes and i'll split it with a volume on the more reform and we have to get this done it is if water assets done today that's not your grace or freezing you get the bridge is a ho ho ho ho ho they break their come coffee get me click on the way again be four or after the value you buy this way.
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