Investor · Orlando, FL · Member since 2013 · 837 posts · 316 votes
PERFORMING NOTE FOR SALE
DOLOMITE, AL - 1st Position - ID #59348
Original Note Date 10/01/2012
$56,861.44 UPB @ 9.44% $615/mo
$94,500 BPO November 2018
Purchase Price: $50,755
This is a Contract for Deed Transaction.
To Complete NDA and view transaction details with collateral file (docs, servicing notes, payment history, BPO, title, etc) you can visit https://notesdirect.com/
Please note, this is neither an offer to sell any security or an offer to purchase any security. Nothing in this communication is intended as legal or specific financial or investment advice or intended to address the objectives or needs of specific individuals. If you require legal or specific financial or investment assistance please consult your own attorney, financial planner or Trustee for legal or financial advice.
Flipper/Rehabber · Jackson, NJ · Member since 2018 · 8 posts · 4 votes
7y
Tracy,
Is note investing better than real estate investing? What are the pluses and minuses? I didn't know this was an opportunity. I'm interested in learning more since I don't have any knowledge of this.
Is note investing better than real estate investing? What are the pluses and minuses? I didn't know this was an opportunity. I'm interested in learning more since I don't have any knowledge of this.
Thanks,
Dave Sisnetsky
Hello Dave, That depends on your goals. With real estate investing you have the potential benefit of appreciation but the headaches of the 3Ts (tenants, toilets & trash). With performing notes your are the bank and have the benefits of an interest earning cash flow secured by real estate. Others like non-performing for higher yields and/or getting the property back. There are some good threads here on Bigger Pockets on the pros and cons of each through a search: https://www.biggerpockets.com/search?utf8=%E2%9C%93&term=real+estate+investing+vs+note+investing