Tracking payments and being sure they come in on time each month is crucial to successful note investing. Fortunately, there are third-party servicing companies that specialize in collecting payments. But how do you know which one is right for you? We have you covered with these 13 important questions to consider when selecting a note servicing company. What Does … [Read more...] about How to Select the Right Note Servicing Company
owner financing
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
Stop Doing This When Offering Seller Financing
Are you taking back a note? STOP doing this right now! Selling your property and taking back a note has numerous benefits, especially when considering the advantages of owner financing. In fact, both Tracy and I have written articles about just that….OVER 10 years ago. The Benefits of Owner Financing Don't Go Away Owner Financing – 10 Advantages To Using The Seller … [Read more...] about Stop Doing This When Offering Seller Financing
The Art of Fix and Flip, Seller Financing, and Note Buying – Real Deal #237
Are you seeing an increase in property investors using creative methods like seller financing? You are not alone. It works well with rising interest rates to build long term cash flow and the note can be sold to a note investor to recapitalize. Recently, a fix and flip investor, hard money lender, and note buyer worked together on a venture in Alabama. Each offer different … [Read more...] about The Art of Fix and Flip, Seller Financing, and Note Buying – Real Deal #237
Spring Cleaning Your Real Estate Note
Despite a few dustings of snow here and there, we really are in Spring. Spring means we can put away the Winter coats, fire up the BBQ, and even do some Spring cleaning around the house. If you are going to spend some time in the attic rearranging holiday boxes and grandma's old books, why not spend a few minutes on your personal finances? Specifically, any real estate … [Read more...] about Spring Cleaning Your Real Estate Note