Can you judge a document by its cover? We talk a lot about getting all your ducks in a row when purchasing notes. Only by doing your homework and really looking at a deal can you decide if it fits your investing goals. And one thing you look at are the documents. When an individual agrees to owner finance their property, they become the bank. While in traditional bank … [Read more...] about Detailing Documents – Promissory Notes vs Mortgages and Deeds of Trust
Archives for June 2024
21 Tips To Read Before You Get Started Investing in Notes
“How do I get started investing in notes?” That’s a question we hear daily from tired landlords, stressed out rehabbers, or the couple next door wanting to improve life for their family. Own The Real Estate Or Be The Bank There are differences between investing in real estate vs. mortgage notes. Rather than owning the property, you own the right to collect … [Read more...] about 21 Tips To Read Before You Get Started Investing in Notes
Stop Doing This When Offering Seller Financing
Are you taking back a note? STOP doing this right now! Selling your property and taking back a note has numerous benefits, especially when considering the advantages of owner financing. In fact, both Tracy and I have written articles about just that….OVER 10 years ago. The Benefits of Owner Financing Don't Go Away Owner Financing – 10 Advantages To Using The Seller … [Read more...] about Stop Doing This When Offering Seller Financing
Takeaways from the 2024 Diversified Mortgage Expo
Nashville might be known as “Music City” but last week it became “Note City” for over 200 investors at the Diversified Mortgage Expo (DME). In its 9th year, this two-day DME event created a space for note investors, service providers, note creators, and private lenders to network, learn, and expand their business. On the way home, Fred and I talked about the highlights … [Read more...] about Takeaways from the 2024 Diversified Mortgage Expo