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 … [Read more...] about Non Performing Note Buyer for Second Mortgage Liens
Archives for May 2012
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 … [Read more...] about Buying Mortgage Notes? Sometimes It’s The Little Things!
If you are selling real estate, especially in this market, you might be approached by someone asking if you are willing to “Owner Finance” or consider a "Seller Carry-Back" note. Here are a few guidelines to consider... How Do You Make Money When Owner Financing? The whole concept behind seller financing is that you are acting like the bank. While that carries risk of … [Read more...] about Should I Carry Back An Owner Financed Note?
One of the most common items new note brokers run into is they start seeing the “For Sale By Owner” or FSBO signs pop up around them. Granted, those signs have always been popping up, but now that you are in the note business you begin to see some additional opportunities. But are they good opportunities? The existence of a “For Sale By Owner” sign does not necessarily … [Read more...] about Is For Sale By Owner The Best Place to Find Notes?
Watch out note buyers! The self-directed retirement account, a popular vehicle for purchasing notes, is under attack! Tired of dismal returns in the stock market many investors turned to buying real estate, private mortgage notes, and other alternative cash flows. They combined the power of high returns and compounding interest with the tax advantages of the IRA, Roth, … [Read more...] about Self-Directed IRA Custodians Sued by Investors