What are the best websites for investing in Notes?

Question

Looking to research investing in real estate Notes and setting up a private fund. What are the best websites to research this information and to invest?

Jordan Blackwell · Answer

Hi Sean,

Great to hear about your dive into notes! The first few places I have in mind for education are:

• This BP Forum
• Scott Carson - WeCloseNotes (YouTube, Vimeo, Podcast)
• Other podcasts (Good Deeds Note Investing, Note Inc, Note MBA, etc.)
• Educators like Eddie Speed, Martin Saenz, Scott Carson
• Dion DePaoli has incredibly useful, long form posts and responses here on BP

There are loads more but these alone would take you a long way with regards to education.

Logan Hassinger · Answer

@Freddie Smith

In what capacity/role are you playing in the transaction?

Chris Seveney · Answer

@Sean Morrisey - I would recommend against starting a fund right out of the gate. The cost to put one together is not cheap (10-20k) and if you do not have a deep and extensive background in notes raising the capital will be more difficult to do. In my discussions with people who have been in this business a while they recommend doing $1M in deals before starting a fund.

@Jordan Blackwell - Thanks for the shout out

Along with what is noted above, there is a DMV Note Closers Group which did a presentation on this which included a lot of the names chad noted above along with a few others.

Chad U. · Answer

To be honest, I never go on all of them, except for a couple to sell our own inventory so not entirely sure.

Don Konipol · Answer

@Chad Urbshott

Do any of the note exchanges you listed deal in commercial notes, or are they trading residential notes only?

Chad U. · Answer

As mentioned above,  get some good education and/or partner up with someone else who already has the experience and connections when you first start off.  The best way to source notes is to network with banks and hedge funds.  However, here are some of the online exchanges you can buy from:

• Paperstac
• LoanMLS
• ExchangeLoans
•  AmeriNote Xchange
• Investors MLS
• NotesDirect
• NoteTraderExchange
• WaterMark Exchange

What are the best websites for investing in Notes?

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