Hello Everyone,
The name is Dariuce i'm a mortgage note investor looking to link with other note investors whether you buy or sell!
This topic has been locked by an administrator.
Hello Everyone,
The name is Dariuce i'm a mortgage note investor looking to link with other note investors whether you buy or sell!
Hi Daurice. I'm a new investor and wondered if you did a lot of not investing? I'm interested in learning about it. Have you been doing it long?
yes, for about 2 years now so what do want to know its the secondary market of real estate which is basicly the mortgages which has appreciate of the years. This allow people to sell the equity of the house for a discount price instead of waiting to sell the property.
i have a note for sale if interested the information is below
[REMOVED - This thread is an introduction thread, not a dealmaking venue. Thanks]
I am buying and selling FDIC note packages. Nice to meet you.
We buy and sell mortgage notes in the secondary market as our primary business since 1999. Our focus is on first position, performing real estate notes secured by residential and commercial properties nation wide. We welcome new brokers and would look forward to working with you.
Would this be the same as mortgage securities? Would someone be so nice as to explain the steps in the note investing?
Investors buy notes at a discount from the current principle balance and then collect the payments. Some investors pool up these single notes and sell off pools to larger investors for a profit once they have created some seasoning. There are all kinds of ways to invest in notes. Investors create their own yield (and security) by the discount offered! Some use borrowed money or warehouse lines of credit to buy with and make money off the spread!
Let's keep the focus of this thread on welcoming Dariuce.....
thanx
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HI Dariuce,
Welcome to the group. Looking forward to chatting with you.
You're right Dick!
Welcome to the group Dariuce. There is a lot of expensive materials and classes/seminars you can attend regarding the note business. I suggestes Lonnies books as a start and you can buy those right here on this site for cheap! The one constant in the note business is that it is always changing! Education is key. If there is anything we can do to assist with your note business I would welcome the opportunity to work with you.
Welcome. I love to increase my networking acquaintances. I usually have notes to sell after I sell properties.
Hey, do any of you guys ever purchase non-performing notes?? I've got some that just came out on a cherry pick basis!
Heidi Arndt
Hey, do any of you guys ever purchase non-performing notes?? I've got some that just came out on a cherry pick basis!
Heidi Arndt