How to buy, sell, broker or invest in private mortgage notes for cash flow!
We'd like to invite you to join us at the... Noteworthy Summit on April 18-20, 2013 in Dallas, TX Here's a quick recap of the upcoming event: One, we are going to be personally presenting at this mid-year summit for Note Brokers, Buyers, and Investors. Two, this event is sure to be a big success, so if you are anywhere in the area, you are going to want to attend. If you are not in the area, you now have a reason to be there! Three, be one of the first and save $100. We just … [Read more...]
Looking for an alternative cash flow investor? For over 20 years Prosperity Partners, Inc. (PPI) has been buying structured settlement payments, lottery winnings, and other specialty notes. These are secured through a court order and guaranteed by either the State where the Lottery was won or by an annuity policy issued by an Insurance Company. Note Investor spoke with Greg Hall, Sales and Finance Manager, to see how sellers and brokers could benefit from their services. … [Read more...]
First National Acceptance Company has been buying real estate notes and land contracts for over 55 years! Located in East Lansing, Michigan, FNAC is a subsidiary of First National Bank of America with nationwide purchase programs for note holders and brokers. Gary Watkins, of the Wholesale Loan Trading division, shared their current buying guidelines in this NoteInvestor.com interview. What is the note investment focus of First National Acceptance Company? Buying Performing First Liens … [Read more...]
It's back... seller financing and purchase money mortgage notes are under attack again! As regulators attempt to sort out the impact of the Dodd Frank Act, Safe Act, and TILA/Regulation Z laws on seller financing your help is needed. Our efforts had a positive impact once before and we can make a difference again. Urgent News: Seller financing is under regulatory attack and your comments are needed by 10/16/12. This email just came in from the desk Ric Thom, President of Security Escrow. … [Read more...]
Imagine gathering 10 note buying experts into one room and asking them, "What are the best methods for finding real estate notes?" Would you be waiting expectantly to hear their response? Well we have been honored to pose this question to a group of cash flow professionals with over 200 years of combined experience. Read their answers here! … [Read more...]
The second you get past explaining, “What is a private mortgage note?” the next question is, “How do you determine its fair market value?” There are a lot of variables that go into a Note Buyer determining how much a note is worth for lump sum purposes – and each investor may have different hot buttons. Here are the main ones… 1. Credit Score How is the credit on the people who are paying on the mortgage note? Obviously the higher the credit scores the better. That said, many … [Read more...]
There are many ways to find and buy real estate notes. While many have a favorite strategy there are only a few note buyers with two decades of industry data to prove it. With over 20 years experience, Jeff Armstrong of Armstrong Capital is certainly one of those people! Located in California, Jeff has closed over 1500 real estate notes in 42 different states! Get his tips, strategies, and buying guidelines in this exclusive Note Investor Interview! … [Read more...]
It's difficult to find note buyers for junior liens but that is especially true for non-performing second position mortgage notes. We were recently informed of an investor hungry for this type of real estate paper and wanted to share a new addition and update to the real estate note buyer directory. What type of real estate notes will your investors consider buying? The junior lien note buyers I am working with are looking for the following: 2nd position notes nationwide 1st are … [Read more...]
If you are buying mortgage notes from banks or private sellers then you know sometimes those small pesky details can turn into big trouble. Recently a reader shared one of his note buyer stories of a "good deal gone bad." He was kind enough to let me share his story in hopes of saving others from a similar situation. After you read his story please head over to What Private Note Buyers Can Learn from MERS for tips on safeguarding against this challenging situation. Buying Mortgage Notes … [Read more...]
Want to find seller carryback notes? Check out this interview with Mike Wood of NoteDocs, a company specializing in providing private mortgage note holder leads to note brokers. What is the current focus of NoteDocs? Mike Wood: The current focus of NoteDocs is to offer two services to note brokers in the cash flow notes industry. First we strive to offer noteholder lead data that provides quality leads for those interested in doing direct mail campaigns. Second, I personally strive to … [Read more...]
