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
private mortgage note
What Determines a Mortgage Note’s Value?
The second you get past explaining, “What is a private mortgage note?” the next question is, “How do you determine its fair market value?” There are a lot of variables that go into a Note Buyer determining how much a note is worth for lump sum purposes – and each investor may have different hot buttons. Here are the main ones… 1. Credit Score How is the credit on the … [Read more...] about What Determines a Mortgage Note’s Value?
3 Notes Mortgage Buyers Just Aren’t That Into
Private mortgages aren’t going to be perfect. Note buyers know this and that makes them pretty good at finding creative ways to safely buy mortgage payments. But there are some notes and land contracts that just don’t make good investments. Save yourself time and marketing dollars by knowing the three notes that investors just aren’t that into. … [Read more...] about 3 Notes Mortgage Buyers Just Aren’t That Into
UPDATE on HR 1728: How Congress Wants to Change Seller Financing
There is growing and legitimate concern over how Bill HR 1728 would severely restrict seller financing. Be sure to read this informative update. … [Read more...] about UPDATE on HR 1728: How Congress Wants to Change Seller Financing
Should You Work with Private Investors?
With the stock market plummeting by the minute, you may have a few friends, business associates, or relatives asking more about notes – specifically investing in them. There is no question investing in notes can be a very lucrative venture. If you have your own money you can receive a great yield. If you don’t have your own capital, you can “broker” the deal to a Funder for a … [Read more...] about Should You Work with Private Investors?