The second you get past explaining, “What is a private mortgage note?” the next question is, “How do you determine its fair market value?” There are a lot of variables that go into a Note Buyer determining how much a note is worth for lump sum purposes – and each investor may have different hot buttons. Here are the main ones… 1. Credit Score How is the credit on the … [Read more...] about What Determines a Mortgage Note’s Value?
Note Buyer Interview With Jeff Armstrong
There are many ways to find and buy real estate notes. While many have a favorite strategy there are only a few note buyers with two decades of industry data to prove it. With over 20 years experience, Jeff Armstrong of Armstrong Capital is certainly one of those people! Located in California, Jeff has closed over 2,100 real estate notes in 47 different states! Get his tips, … [Read more...] about Note Buyer Interview With Jeff Armstrong
Non Performing Note Buyer for Second Mortgage Liens
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 junior … [Read more...] about Non Performing Note Buyer for Second Mortgage Liens
Buying Mortgage Notes? Sometimes It’s The Little Things!
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!
Finding Notes: An Interview With Mike Wood of NoteDocs
Want to find seller carryback notes? Check out this interview with Mike Wood of NoteDocs, a company specializing in providing private mortgage note holder leads to note brokers. What is the current focus of NoteDocs? Mike Wood: The current focus of NoteDocs is to offer two services to note brokers in the cash flow notes industry. First we strive to offer noteholder lead data … [Read more...] about Finding Notes: An Interview With Mike Wood of NoteDocs
