Where Can I Find Private Note Holders or Owner-Financed Notes?

[William Arias]

Hey everyone,

What are the best ways or places to find private note holders or people holding owner-financed notes (outside of platforms like Paperstac)? Looking to connect with individuals who may want to sell.

[Chris Seveney]

Quote from @William Arias:

Hey everyone,

What are the best ways or places to find private note holders or people holding owner-financed notes (outside of platforms like Paperstac)? Looking to connect with individuals who may want to sell.

 curious - why? Most people spend hundreds or thousands of dollars and spend months trying to find a note ? The lost opportunity cost is huge and if oyu can buy a note for 10% on paperstac it will save you a lot of time and effort - especially for those who have never bought a loan before. 

If you are looking to broker loans - that is why many do it but before brokering a loan you need to understand how to price them, which is typically best done when buying loans - similar to real estate wholesalers, you ahve to be able to estimate repairs and work backwards, with notes you need to also know how to price them and undersatnd collateral.