7 pm to 9 pm
Luxe Sunset Blvd Hotel - Bel-Air
11461 Sunset Boulevard
Los Angeles, CA 90049
Distressed properties and notes can be extremely lucrative for experienced investors. However, there can be many pitfalls for the novice. In most cases, there are no contingencies allowed and many times you will not be able to get title insurance.
Be careful, when buying a note, you will only be buying the lenders position not the property. The owner might have the right of redemption.
They might sell their position to different people at the same time, and if you don't record your agreement immediately, you will lose your shirt.