Split Payment Partial Rescues Note Purchase – Real Deal #153

Welcome to Real Deals! It’s always easier to learn from real life so here we share note investing information from actual owner financed transactions. When the mortgage balance is greater than the property value a partial purchase can rescue the purchase of a seller financed note.  Watch the video below and discover solutions to overcoming 3 challenges on this real deal in Texas. … [Read more...]

Partials – The Secret Weapon to Underwater Mortgages

Almost 1 in 5 owe more than homes are worth, screams the headline from Time Magazine. Across the nation declining property values are creating negative equity with some hard hit areas like Las Vegas reporting a 1 in 2 chance of being underwater with a mortgage in excess of property value. Mortgage lenders are reeling from increased delinquencies and mounting losses as borrowers opt to just walk away.  While the seller-financed industry is not immune, it does have a secret weapon for dealing … [Read more...]