Weed Loans Enter Seller Financed Note Market

What’s the newest niche to hit note investing? Think green, Up in Smoke, and now legal (in some states) for medical and/or recreational use. With differences in Federal versus state laws, marijuana businesses find it difficult to obtain traditional bank financing. The result? Seller financed Weed Loans or MJ Paper has entered the market. Recently we were asked to buy a private debt financed note secured by commercial real estate being used as marijuana dispensary. It was time to learn more … [Read more...]

Rural Areas Depend On Owner Financing – Real Deal #155

Welcome to Real Deals!  It's always easier to learn from real life so here we share information from actual owner financed transactions. All across America rural communities turn to the seller carry-back to provide financing for areas that large-scale mortgage lenders have historically bypassed for larger metropolitan areas. … [Read more...]

Owner Financed Real Deal #154 – The Buy Wholesale Sell Retail Tax Deed

Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. The seller carry back can maximize profits when buying real estate wholesale and selling retail as utilized with this Tax Deed transaction in Arkansas. … [Read more...]

Real Deal #147 – Estate Note in Arizona

Welcome to Real Deals!  It’s always easier to learn from real life so here we share information from actual owner financed transactions. A seller-financed note is an asset. The seller can elect to hold the asset collecting payments, sell the note, or leave to heirs as part of their estate.  Many heirs would prefer cash now rather than payments over time.  A large number of notes are purchased through estate distribution similar to this Arizona note. … [Read more...]

Real Deal #146 – Delinquent Taxes in Texas

Welcome to Real Deals!  It’s always easier to learn from real life so here we share information from actual owner financed transactions.  This Texas note deal found a seller scurrying to pay three years of back taxes that their buyer failed to keep current.  Selling the note to an investor saved the buyer and seller from losing both the property and the note to a county tax auction. … [Read more...]

Real Deal #145 – Iowa Real Estate Contract

Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. While a note and mortgage or deed of trust are the most common real estate financing documents, sometimes seller financing utilizes a Real Estate Contract. … [Read more...]