Archives for 2010

How to Sell Your Mortgage Note

Tired of receiving monthly payments? Wishing for a lump sum of cash today? If you sold property with seller financing chances are you’ve wondered about selling the real estate note. Here’s how to sell a mortgage note, trust deed, or contract in 7 easy steps. Step #1 - Request Quote Just complete a short informational worksheet to receive a free no obligation quote. This can be submitted online, by fax, or over the phone. Click Here for a List of Note Buyers Click Here to Download a … [Read more...]

Investing in Real Estate Notes: Transitioning from Note Broker to Note Investor

Have you ever thought of buying and holding a real estate note for yourself instead of brokering it to an end investor? I strongly encourage you to do so as it can be a rewarding path in the note business. I initially began brokering notes in 2005 and in 2007/2008 made the transition from note broker to note investor. Here are some thoughts to keep in mind if you are looking to begin investing in notes to hold for yourself. … [Read more...]

Note Brokers Make Money with Monterey’s Consumer Finance Program

You buy real estate contracts but have you worked with retail installment contracts? Read our exclusive interview to discover how note brokers are working with Monterey's Consumer Finance Program to make money in the cash flow business. … [Read more...]

Cash Flow Notes and 500,000 Motorcycles?

What does the world’s largest motorcycle rally have to do with cash flow notes? Absolutely nothing! Sometimes even note buyers need some R and R. So after riding 1300 miles (no trailers allowed) this week’s edition of Note Investor is coming to you from Sturgis, South Dakota. … [Read more...]

Find Cash Flow Notes – 3 List Building Strategies

Contacting note holders offering to pay cash for note payments is a winning cash flow business marketing strategy. But how do you create a list of people interested in selling cash flow notes? … [Read more...]

MY FRIEND, THE INTERNET – Real Estate Notes

A friend keeps you from making poor decisions, is there in your times of need, and can be a good source of information. Based on this criteria, I consider the internet to be my friend. Yes, the cold, impersonal, most definitely non-human internet has my back. Best thing is, it can and will be your friend, too. … [Read more...]

How to Broker Notes For Residual Income – Real Deal #159

Most cash flow notes are only sold once. That means one deal and one finder’s fee, unless you're lucky enough to find a seller that owner finances again! But that all changes with a partial purchase. Here’s how one note was bought four times in Real Deal #159! … [Read more...]

3 Notes Mortgage Buyers Just Aren’t That Into

Private mortgages aren’t going to be perfect. Note buyers know this and that makes them pretty good at finding creative ways to safely buy mortgage payments. But there are some notes and land contracts that just don’t make good investments. Save yourself time and marketing dollars by knowing the three notes that investors just aren’t that into. … [Read more...]

HR 4173 and Seller Financing – Get the Facts

Legislation and owner financing are in the news again as the House and Senate look to work out differences on HR 4173. The House first passed the bill in December 11, 2009, entitled Wall Street Reform Act, that included provisions to limit seller financing from HR 1728 Mortgage Reform Act. The Senate then passed their version of HR 4173 on May 20, 2010, entitled Restoring American Financial Stability Act.  Once differences are worked out in conference the bill would go to the President before … [Read more...]

Non-Performing Real Estate Notes: Trash or Treasure?

A long, long time ago in a kingdom far, far away lived an efficiently-functioning secondary market. Performing real estate notes were bought and sold, commissions were made, and all the king’s horses and all the king’s men made a great living and even … [Read more...]