When I started investing, some of my wealthier, more experienced colleagues told me to buy, rent and take notes when I retired. With this method, you can use the ownership of physical properties, enjoy the appreciation of your property and earn money from the cash flow of rentals. The best strategy for mortgage bonds is […]
How To Make Money With Real Estate Notes Read More »
In the case of a lost promissory note, the note holder is not the only one at a loss. Legally, an investor cannot purchase a note without an original copy of that document. So, what can be done? Can you continue selling your note with a lost document? With the help of a title company,
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The most common question on a note sellers mind is How much is my note worth? The value of your mortgage note determines how much cash you receive when you sell. Mortgage notes are rarely purchased at face value. You can expect to have a discount applied to your note when you sell. The reason
3 Factors That Increase the Discount on Mortgage Notes Read More »
When set up correctly, mortgage notes are a great investment. They provide steady cash flow with a good return. If you are new to the world of notes and have never completed an owner financed transaction, this blog will help you set up a valuable note. If you have already created your note, this blog
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If you have tried to get a loan from the bank in the last five years, then you know how strict their requirements can be. Without perfect credit and verifiable income from a steady job, you may find yourself unable to qualify for a bank loan. This is why more property buyers are turning to
More Buyers are Turning to Owner Financing Read More »
Do you have a property that you’d like to sell, but it doesn’t meet the requirements of a conventional bank loan? Without the help of bank financing, your pool of potential buyers get reduced, but you still have plenty of options to get your property sold. Properties outside of bank lending requirements can be sold
Unconventional Ways to Sell Your Property Read More »
Many people are wondering what ended up in the final version of the tax bill and how it affects IRAs and other accounts. First, a brief civics lesson is in order. In the United States Constitution, Article I, Section 7, Clause 1 states that “All Bills for raising Revenue shall originate in the House of
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1. The discount is only applied to the portion that you sell. Since cash today is worth more than cash tomorrow, all note sellers can expect a discount to be applied to their remaining note balance when selling. By selling only part of your note, less of your remaining note balance is used to pay the
5 Reason To Sell Part of Your Promissory Note Read More »
When a seller allows a buyer to pay gradually for the purchase of residential property, it is called owner financing or seller financing. This personal financing by the seller can fill in a bank loan or be in addition to a conventional mortgage. The payment quantity, rate of interest, and other terms are agreed upon
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Down Payment Amount More is better, 20% or more is ideal, Investors feel better when the homeowner has skin in the game. Interest Rate Do Not write a 0% Interest Rate Note; Investors need a good yield ( 8 – 15+%). They will discount the note more to achieve there yield goal. Credit Score The
10 Ways To Increase The Value Of Your Promissory Note Read More »
