Archives for 2014

Seller Financing Stats Increased in 2013 – What About 2014?

I love numbers!  They always seem so validating - especially when they are on the rise! We got our hands on the latest seller financing statistics for 2013, the top 10 producing states, and a preliminary analysis of the impact of the Dodd-Frank Act on note creation for 2014.  You won't want to miss this... Owner Financed Notes Increased 7.5% in 2013 "Overall note creation continues to climb past levels we have not seen for 10 years. 2013 saw a 7.5% increase in notes created over 2012. This … [Read more...]

Selling and Buying Business Notes With Security Financial

Selling a business and taking back a promissory note is common practice. However, finding investors to buy a business note without real estate as collateral is a bit more challenging. Fortunately there is Security Financial Services (SFS), a third generation company that specializes in buying business notes! We interviewed Marc Rouda, Senior Vice President, for our Note Buyer's Directory to learn about their business note programs, pricing, and updated investment criteria. What type of notes … [Read more...]

Calculating Early Payoff On A Partial Note Purchase Using TValue Software

One of the wonders of the note business is the ability to invest in notes with little or no cash of your own using the partial or tail-end structure.  But what happens when a note pays off early?  This week's guest author, Markus Mollica with TimeValue Software, explains how to calculate an early payoff on a partial note purchase using their TValue amortization software. Let’s say that my goal is to build cash flows for future retirement. However, over the next several years, I want to not … [Read more...]

Meet Note Buyer Troy Fullwood of Pinnacle Investments

We are pleased to share this investor interview from the Directory of Note Buyers and introduce you to Troy Fullwood, owner of Pinnacle Investments. Troy learned the ropes flipping notes in the late 90s and then started buying notes in-house. Based in Arizona, Pinnacle Investments buys nationwide and will consider both performing and delinquent real estate notes that were created through seller financing or loan origination. What is the current investing focus of Pinnacle Investments? Troy … [Read more...]

The Good, Bad, and Ugly Note Sellers

When dealing with a mortgage note seller, what is the most important element of the negotiation process? The amount of the discount? How long it takes to fund? The reputation / credibility of your company? At the end of the day, it is none of the items listed above. Sure, some people will say “price” but the fact of the matter is the value of the note (your bid) is a much smaller piece of the puzzle than people realize. First off, everyone wants 100 cents on the dollar…or more. How … [Read more...]

What I Would Change About The Note Industry

Before I get into what I don't like about the note industry let me start with... What do I like “most” about the note industry? It is a frequent question people ask with numerous answers depending on where my head is at the time the question is posed. In no particular order it would be… Helping people Making money Passive income Crunching numbers Flexibility Feeling valued Creativeness Never boring Well compensated Teaching others Anyone can do it In looking back … [Read more...]