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?
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?
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?
Five Tips To Keep Your Note Business Professional
Certainly the most popular question among note brokers (experienced and otherwise) is, “How can I find more notes?” What many people don’t ask is, “How can I have a professional note business?” The reason I think this is important is that one can impact the other. Keep you business professional and, surprisingly enough, some deals will actually find you. So, how do you … [Read more...] about Five Tips To Keep Your Note Business Professional
Should I Use a Full or Partial When Selling Mortgage Notes?
There are many options when selling owner-financed mortgage notes. How many options will be largely dictated by a note buyer’s underwriting components, such as seasoning on the note, down payment, equity, and the payer’s credit. You can usually sell the entire note, but perhaps just selling a specific number of payments is your best option. Deciding on whether to sell the … [Read more...] about Should I Use a Full or Partial When Selling Mortgage Notes?