The note business may be one of the world's most creative and flexible financial businesses. The essence of note buying is basic. You are purchasing an existing cash flow (typically at a discount). But the benefits are anything but basic and small! One key advantage of the note business is its flexibility. You can operate from anywhere and set your own investment goals, … [Read more...] about 7 Things to Do for Your Note Business Right Now
note buyers
Detailing Documents – Promissory Notes vs Mortgages and Deeds of Trust
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
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
Researching a Note Deal – Steps Before the Initial Offer
Important steps go into quoting and making note offers. It's not a number pulled out of thin air. One of the hardest parts in purchasing real estate notes is determining a price. This is when you decide your yield, risk level, and strategy. If you are referring, wholesaling, or brokering notes, this is your opportunity to earn your fee for finding the … [Read more...] about Researching a Note Deal – Steps Before the Initial Offer
What Is Minimum Note Discount and Why Is It So Important?
Let's face it, some people like to buy at a discount and notes are no exception. One of the reasons mortgage notes are so attractive from an investment standpoint is that, in addition to being backed by real estate, the investor gets to set the buying terms. The investor decides which type of property they like as security (residential, commercial, land), what area they … [Read more...] about What Is Minimum Note Discount and Why Is It So Important?
