Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. Looking for residual income with notes? Does a future income stream of $1,000 per month for 10 years on just one deal sound too good to be true? Discover how the Buy Full Sell Short strategy works on this Real Deal! … [Read more...] about Real Deal #151 – Residual Income With Notes!
making money with notes
What is a Good ITV?
Sellers and investors often ask what ITV (Investment to Value) they should target when buying or selling a private real estate note. You may have seen that some note investors claim they will go 85, 90, even 95 percent ITV. Frankly, I have yet to really meet them when it comes down to funding a deal in the current market. As a refresher, the ITV represents how much is invested … [Read more...] about What is a Good ITV?
Wraparounds with Underlying Liens
When people go to sell their home, the majority will still owe money on a loan from when they bought the property. Since few sellers own a property free and clear, what to do with this underlying lien is an important consideration with owner financing. … [Read more...] about Wraparounds with Underlying Liens
Temporary Seller Financing
Who wants to wait for the monthly note payments to trickle in over the next 5, 15, or 30 years? It makes sense that more sellers would be willing to carry back owner financing for the buyer if they knew how to sell all or part of their note for cash shortly after closing. … [Read more...] about Temporary Seller Financing
What the Federal Bailout Means to Seller Financing
Worried about the effect of toxic mortgages on the overall economy, the Federal government is pulling out the checkbook to help bailout failing mortgage companies. It started with Fannie Mae and Freddie Mac and now includes a proposal for another $700 billion infusion of funds. Why is the government involved and what does it mean for seller financing? … [Read more...] about What the Federal Bailout Means to Seller Financing