One of the best investments we made as a note buyer happened a bit by accident. In 2008, we were contacted by a potential seller of a real estate note secured by productive farmland. He wanted to sell payments from his note to pay off his credit card debt. The details were roughly as follows: … [Read more...] about One of Our Favorite Note Buyer Purchases
Archives for April 2012
Do Some Investors Pay Par Pricing When Buying Mortgage Notes?
Recently we received a question in the Finding Cash Flow Notes training course related to “par pricing” or "discount" when buying mortgage notes. First off, here is the Note Broker Question… Hello and thank you two for all your help. My question is why would a note investor pay par for a note? I’ve been speaking with a person who helps their clients use OWC (Owner Will … [Read more...] about Do Some Investors Pay Par Pricing When Buying Mortgage Notes?
Buying and Selling Notes for Residual Income
Here's one reason to love real estate notes... surprise payoffs! For years we have been talking about the benefits of keeping some payments as residual income when buying, selling, or brokering notes. This is not just theory - it really works. Need proof? Just last month we were fortunate enough to get one of those surprise payoff checks for $57,569.28! And that was on … [Read more...] about Buying and Selling Notes for Residual Income
Will 2012 Be The Year For Real Estate Notes?
To understand the current market for real estate notes it helps to go back in time. Years ago the country was in a financial crisis. Gas was expensive. There were numerous political battles in Washington, DC. Houses were not selling. Interest rates were high. Wait…what? … [Read more...] about Will 2012 Be The Year For Real Estate Notes?