Multifamily property is a high-flying opportunity according to some gurus but buying note pools might be a better strategy. How do they compare? That’s what we’ll consider in our final installment of the “Notes vs Alternative Investments” series: Notes versus Multifamily. When compared side by side, there seems to be a clear winner because of […]
Flipping Notes Vs Wholesaling Real Estate
Is Flipping Notes Better Than Wholesaling Real Estate? Welcome to part 4 of our “Notes vs Alternative Investments” series: Flipping Notes vs Flipping Houses. Today, we’ll examine how notes stack up to wholesaling real estate properties, and the pros and cons of each strategy. Wholesaling or flipping, as used here, is a general term to […]
Non Performing Notes Vs Fix and Flip
In part 3 of our “Notes vs Alternative Investments” series we’re going up against the reality TV stars, pitting Non Performing Notes against Rehab Houses or Fix and Flips. To make it as fair as possible we’re going to have a non performing note go head-to-head with a rehab property. A non performing note is […]
Investing in Real Estate Notes vs Rentals
How does investing in real estate notes compare to a rental house? First in our “Notes vs. Alternative Investments” series we’re investigating how investing in real estate notes compares with rental property. Which one keeps more money in your pocket? Which one has more risk? Read on to discover the answers. First, we need to […]
What Is A Note? What Can Notes Do For You?
If you’ve found this page, you’re most likely asking, “what is a note and how does it benefit me?” Let’s start by defining what a note is. Quite simply, a note is a promise to pay. More specifically, it’s a formal promise to pay that usually involves a contract. In fact, that’s where the name […]
Top 3 Owner Financing Myths
Owner financing has once again gained popularity as mortgage approvals prove hard to obtain. The installment sale is being pulled out of the toolbox as an alternative financing method to conventional loans. As the owner financing method becomes a frequent topic among real estate agents, investors, and discussion boards there are inevitably some misconceptions being […]
Why Sell My Mortgage Note?
Are you accepting payments on the sale of real estate? This might have made sense at the time, but circumstances change. Many sellers discover they would now prefer cash today rather than the small amount that trickles in each month. Here are just a few reasons people have sold all or part of their seller […]
5 Reasons Owners Offer Seller Financing
Why would a seller allow a buyer to make payments over time for the purchase of property? Wouldn’t the seller rather get paid now and require the buyer to obtain a bank loan? Here are 5 reasons property owners offer seller financing: 1. Reduced Marketing Times What is the first thing a real estate agent […]
Payment Histories Increase Note Values
Want top dollar when selling mortgage notes? Increase the value with payment histories! Keeping an accurate record of the payments received on a mortgage note is essential for knowing how much the buyer still owes. This also establishes a record of their payment habits – with an added benefit. The value of a note can […]
Safekeeping the Original Mortgage Note
Can you easily locate the original mortgage note? This important legal document should be kept in a safe place, and here is why! The promissory note is a promise to pay or IOU from the property buyer. It spells out the amount due and terms of repayment. In legal jargon it is known as a […]