The Seller Financing Solution – Note Investor Radio Interview

Why is seller financing on the rise? It provides a main street solution to a wall street problem. If you are wondering how to use real estate notes to achieve your goals in this tough economy then you will want to catch the audio replay of the Note Investor radio interview. Last Tuesday we tuned in with Lisa Moren Bromma of Wise Women Radio to discuss the opportunities available to buyers, sellers, investors, and note brokers using owner financing.  Here is just a sampling of the hard … [Read more...]

How to Avoid Going Broke Buying Real Estate Notes

The most important thing you need to know how to do as a note buyer or investor is to properly analyze a promissory note investment when it first comes into your office so that you can either pursue the deal or pass quickly. Let me show you an overview of my 6 step analysis that I go through on every note we look at. … [Read more...]

Learn the Note Business in 60 Seconds?

OK, you can’t really learn the cash flow note business in just 60 seconds, but this “speed round” of 11 questions will certainly get you started. Ready? Go… What is the Note Industry? The note business is the buying, selling and brokering of privately held notes. What is an example of a cash flow note? Ever see someone selling a property that says, “Owner will Finance?” That means the seller of the property is looking to “be the bank” and payments will be made directly to them. Seller … [Read more...]

Free Financial Calculator for Cash Flow Notes!

Is the best financial calculator now free? If you struggle with calculating cash flow notes on the HP12C , HP10B, or the Texas Instrument BAII then you will want to check out this great offer! Advanced Seller Data Services (ASDS), a leading provider of marketing lists for seller carried notes, has released a series of free financial tools for note brokers and note buyers. Here's a sneak peak at the power behind these calculators from a recent ASDS press release: Tool #1 - A Financial … [Read more...]

How Partials Reduce Note Discount When Selling Mortgages

Is the sticker shock just too much when discounting notes? It might be time to consider selling just some of the remaining payments. Note buyers have long used the partial purchase to reduce their exposure or investment risk, but it also has benefits for the seller. You see the time value of money makes payments due now more valuable than those further out in the future. The partial purchase takes advantage of this by letting the seller cash in the most valuable portion – the more … [Read more...]

Buying Mortgage Notes: 7 Tips for Calculating Cash Flow Notes

If you plan on selling or buying mortgage notes the pricing will eventually come down to some important cash flow calculations.  If you get cold chills or high school flash backs thinking about math you can always leave the number crunching to the note buyers. However, I challenge you to get outside your comfort zone and give these exercises a try. Why? Well knowledge is power and you will be able to know if you are getting a fair (or not so fair) deal when selling mortgage notes. … [Read more...]

Owner Financing, Seller Financing, Dodd Frank, Safe Act, and You!

Tired of hearing about owner financing laws? We share your pain. First the Safe Act had a say on Seller Financing and then the Dodd Frank Act. Why the government would want to slow the housing rebound further by putting stringent restrictions on seller financing - one of the few alternatives to bank financing available in today's struggling  economy - is beyond us. And it's not over yet. Government agencies are still sorting through how to implement portions of the laws affecting both … [Read more...]

NoteWorthy Industry Achievement Award Interview

Wondering what it takes to survive in the note business for 20 years? Read our interview with NoteWorthy Newsletter! Fred and I have been going through work and personal items in an attempt to control the ever growing amount of "stuff".  While sorting through the memories there were a few definite keepers.  One of these was the plaque I was honored to receive from Jon Richards, founder of the NoteWorthy Newsletter.  The inscription reads: INDUSTRY ACHIEVEMENT AWARD Hereby bestowed this … [Read more...]

The State of the Note Business

Owner Financed Note Business Increases 56% since 2008! Why the big jump? More importantly, where is the opportunity for note brokers and note buyers? Call it a mini “State of the Note Industry” if you … [Read more...]

Note Business Success in Five Words

We are often asked, "How can I make it in the note business?" That usually prompts us to ask a couple of questions to understand what, specifically, they mean by the question. Some people want to … [Read more...]