How Much of a Down Payment Should I Ask for When I Carry a Note?
The quick answer to this question is “As much as possible.” The more money someone puts down, the more protective equity you have, and the
The quick answer to this question is “As much as possible.” The more money someone puts down, the more protective equity you have, and the
Aloha Dawn, Hope everything is going well for you. I was out yesterday educating Realtors at open houses on non traditional financing, ie Land Trusts.
Unfortunately, too many people assume that if there is seller financing involved, there is no underwriting (qualifying) whatsoever . . . that it’s a “free-for-all.”
This is a recent email I received: “I have a note for sale, the details are as follows: 1) Note is in Detroit Michigan 2)
The whole “Note Queen” idea was sort of an accident . . . a mere nickname in the office that somehow stuck. Instead of fighting
You should practice safe recourse, or at least be aware of the risks if you don’t. When I buy a note, I need to have
You may not be able to sell your note if you can’t produce the original. The original note is the “green stuff,” it’s the currency,
The subprime meltdown forced many dealers/rehabbers to sell their properties using some form of owner financing. People just couldn’t get the bank financing, so to
Not long ago an attorney was representing an estate that held several real estate notes worth a total of about $8,000,000. Needless to say, the
The simultaneous closing is a little-known, but powerful strategy for getting real estate transactions closed in difficult markets. Wouldn’t you like the competitive edge if