The year is flying by, isn’t it? All those priority lists, New Year’s Day resolutions, To-Do Lists, and Post-It note quotes stuck around the house have all but been worn down by the everyday life. So, how are you doing on your goals? Are you on track or did “life” get in the way? The good news is that you can re-boot your business any time you want! This is only the … [Read more...] about First Rule of Note Buying: It Is Never Too Late
Archives for 2013
How Dodd Frank Mortgage Laws Apply to Seller Financing
Save the date! New Dodd Frank laws for seller financing and mortgage loan originators take effect January 1, 2014 (*see date revision information below). While it’s not a match made in heaven it’s also not the end of the note buying world as we know it. How Seller Financing Met Dodd Frank In reaction to the mortgage crisis lawmakers passed the Dodd Frank in 2010. This act … [Read more...] about How Dodd Frank Mortgage Laws Apply to Seller Financing
Invest in Real Estate Or Mortgage Notes?
Sit around any after-hours event at an industry convention and you will soon find a heated debate about investing in Real Estate vs. Private Mortgage Notes. Oftentimes people are in one camp or the other (myself included). But which one is better? Well, “better” really depends on your personal investing style. Are you the kind of person that needs to see and feel the … [Read more...] about Invest in Real Estate Or Mortgage Notes?
Trying to Cash In On Brokering One Big Note? Think Again.
What if you could broker one note and make a big commission? How many of those notes would you need to do a year? Matter of fact, I know that some people reading this right now have just this philosophy. Some brokers or consultants will target larger notes in hopes of a big payday. After all, less work and more money sounds incredibly attractive, doesn’t it? The fact of the … [Read more...] about Trying to Cash In On Brokering One Big Note? Think Again.
Rare Opportunity for Today’s Note Buyers: Small Mortgage Notes
If you are just starting out in the note industry, and looking for great returns on your money, some cash in the bank certainly helps you get started as a note buyer. But what if you don’t have a lot of money to invest? What if you are just getting your feet off the ground, maybe saved a few bucks, but are certainly not “loaded” and looking to invest all your money in one … [Read more...] about Rare Opportunity for Today’s Note Buyers: Small Mortgage Notes