Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. When a note holder sells a portion of the note they will often consider selling the remaining payments at a later date. A partial purchase can provide repeat business to both note brokers and investors similar to the experience on this … [Read more...] about Real Deal #150 – Repeat Business with Partial Purchases
Sell Note
Wholesale or Retail?
There are two primary pricing models in the note business commonly referred to as wholesale and retail. These terms differentiate what party will be paying the costs and may also refer to who is handling the processing. … [Read more...] about Wholesale or Retail?
Multiple Quote Requests
Should you obtain multiple investor quotes when selling a note? There are two differing camps of opinion based of course on one’s perspective. … [Read more...] about Multiple Quote Requests
Firm Offer or Soft Quote?
Wonder whether you are receiving reliable pricing when submitting a qoute request worksheet to a note investor? Here's how to know if it's a firm offer or just a soft quote when going to sell a note. … [Read more...] about Firm Offer or Soft Quote?
Real Deal #149 – Seller Financing, Second Liens, and the 80-10-10.
Welcome to Real Deals! It’s always easier to learn from real life so here we share information from actual owner financed transactions. When the bank loan and the buyer’s down payment don’t add up to the sales price, a seller might consider owner financing the difference. Here’s how a classic 80-10-10 worked with owner financing on a four unit residential property in … [Read more...] about Real Deal #149 – Seller Financing, Second Liens, and the 80-10-10.
