Note Buying Courses – Real-Life Nonperforming Notes Education

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How to Profit from Discounted Bank Notes

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Transcript of Note Buying Courses – Real-Life Nonperforming Notes Education

Page 1: Note Buying Courses – Real-Life Nonperforming Notes Education

How to Profit from Discounted Bank Notes

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1. Sell Note

EXAMPLE: You buy a $150,000 1st Mortgage for $85,000 because the borrower isn’t paying.

Exit Strategies:

2. Refinance

3. Reinstate

4. Payoff / Short Sale

5. Foreclosure

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You can do this:

Benefits of Note Buying

• Without fixing the house

• Without seeing the house

• Without speaking to homeowner (no deed needed!)

• With a SINGLE document

• By building a SINGLE relationship

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Oakland, CA

Cost: $23,500 Gross Profit: $96,500 Deal Time: 34 Days

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Oakland, CA

The Purchase

The Date

The Bank

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Oakland, CA

The Sale

The Price

The Date

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Savannah, GA

Cost: $12,500 Gross Profit: $15,701Deal time: 99 days

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