One of the things that make buying and selling mortgage notes so appealing is the multitude of ways an investor can purchase a note. Frankly, you are limited only by your imagination. Well, maybe imagination and reaching a desired yield. Here is a quick look at calculating the cash flow business that even those with math phobias will like. The Top 5 Ways to Buy Mortgage Notes 1. FULL – A full is just that. Buying the entire note. If the seller has 322 payments remaining, the investor … [Read more...]
Become Your Own Note Buyer!
Are we buying notes on cruise boats now? Well...sort of. Last weekend we were asked to present our 5 strategies for moving from note finder to note investor. The seminar was sponsored by … [Read more...]
5 Rules for Working with Note Buyers
Let's face it. When it comes to the cash flow business note buyers are the driving force behind funding deals. Unless your Warren Buffet or Oprah Winfrey, you will need access to investors to be a successful note broker. Even if you buy notes yourself, there will be times a deal does not meet your parameters or funds are tied up elsewhere. Just remember these... … [Read more...]
Finding the Best Note Buyer Offer
When it comes to buying and selling mortgage notes the seller and note broker want the same thing… the best possible price! That makes it tempting to blast out a quote request worksheet to every note investor in the directory. But wait! Consider the flip side before you hit that send button. … [Read more...]