Jul 2, 2018
Real estate notes have been growing in popularity as a new type of investment product on the open real estate market.
A real estate note is created when two parties reach an agreement on a transaction that gives one party the capital to purchase a home or other form of property. Whoever is the holder of the real estate note is the party that receives repayment from the borrower on the loan, no matter who financed it originally.
If you find this topic interesting, see what Nick Legamaro, Co-founder of Seller Finder America, has to say about it.
Seller Finder America is the premier skip-tracing and appointment-setting company specifically designed by wholesalers for wholesalers.
He shares with me very important advice.
If you want to know more about selling financing, credit notes, selling notes and lead generation you are on the right podcast!
http://sellerfinderamerica.net/
Show Notes:
00:00-02:19 Introduction
02:19-03:46 How Nick dug a root into the business!
03:46-07:43 Personal model from the beginning until now
07:43-10:11 Different selling psychologies
10:11-12:18 Perfect notes structure to get top value!
12:18-16:09 About down payment height
16:09-20:05 How to arbitrage the deal: Notes VS. Rental Properties
20:05-20:53 Technical difficulty
20:53-23:19 You don't want to land long and borrow a short
23:19-27:45 The strategy of creating an outselling note and expand business
27:45-29:55 Advice to young wholesalers
29:55-33:45 You only need one buyer and buying list starts growing
33:45-36:43 Lead generation program
36:43-38:21 Contact information
http://sellerfinderamerica.net/
38:21-39:16 If you don't have a contract you don't have anything!
39:16-40:17 Wholesaling with RIA