Knowing how to find cash flow notes is the most important skill note brokers and buyers can learn. It can also be the most difficult. Why? Well it can seem a lot like looking for the proverbial needle in a haystack. … [Read more...] about How Can I Find Cash Flow Notes?
owner financing
Owner Financing Made Easy For Sellers and Home Buyers
There is a new site connecting sellers and buyers that want to use owner financing. Note Investor caught up with Fernando Sanchez, founder, and asked him to share his vision. He explains how his site can help homeowners that want to offer seller financing and take back a real estate note. … [Read more...] about Owner Financing Made Easy For Sellers and Home Buyers
Selling Mortgage Notes – Where Have All The Simos Gone?
This month’s owner financing real deal comes from our email inbox. Chances are this simultaneous closing question has been on your mind too. Question: I'm a rehabber in Florida and would like to have a company … [Read more...] about Selling Mortgage Notes – Where Have All The Simos Gone?
Why Sell My Mortgage Note?
Owner financing seemed like a good idea at the time. Let the buyer make payments and get the property sold. After all the seller carry back is known for attracting purchasers and providing quick closings, without the hassles or fees of a conventional bank loan. But circumstances change and many sellers would prefer a lump sum of cash today rather than monthly payments that … [Read more...] about Why Sell My Mortgage Note?
Safe Act and HR 4173 Update – Is it Good News for Seller Financing?
A new law exempts up to 3 seller-financed transactions in a 12-month period from mortgage originator licensing requirements. Bill HR 1473, now known as the Dodd-Frank Wall Street Reform and Consumer Protections Act, was signed into Public Law No: 111-203 on July 21, 2010. A loud outcry was heard across the nation from real estate owners, investors, and note buyers on any … [Read more...] about Safe Act and HR 4173 Update – Is it Good News for Seller Financing?