When considering participating in the private note industry, you may have been wondering exactly “how-to" participate. First off, let’s review the players involved a typical real estate note transaction and how to get involved. The Note Seller This is the person that holds the note, is receiving payments, and wishes to sell future payments for a lump sum of cash. The only way … [Read more...] about Private Note Industry: Become a Broker or Buyer?
note buyers
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!
Self-Directed IRA Custodians Sued by Investors
Watch out note buyers! The self-directed retirement account, a popular vehicle for purchasing notes, is under attack! Tired of dismal returns in the stock market many investors turned to buying real estate, private mortgage notes, and other alternative cash flows. They combined the power of high returns and compounding interest with the tax advantages of the IRA, Roth, … [Read more...] about Self-Directed IRA Custodians Sued by Investors
One of Our Favorite Note Buyer Purchases
One of the best investments we made as a note buyer happened a bit by accident. In 2008, we were contacted by a potential seller of a real estate note secured by productive farmland. He wanted to sell payments from his note to pay off his credit card debt. The details were roughly as follows: … [Read more...] about One of Our Favorite Note Buyer Purchases
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?