EMOTIONAL EQUITY HAS UPSIDES!
Monday, September 29
When one is new to the note business one tends to try and figure out what the way to success is and, for some, how to incur the least amount of risk. There are three types of notes in this business, which are high equity, partial equity, and no equity notes. New note buyers generally like ...
Don’t Flip This House!
Wednesday, August 13
Why this home flipper pivoted to buying notes, and created an online note buying community… Fuquan Bilal, Founder of National Note Group, kicked flipping houses to the curb. Here’s why he did it, and how more investors can enjoy a rewarding transition to investing in highly profitable mort...
Overcoming Obstacles
Monday, July 14
Oftentimes, life won’t give you a blueprint and the learning process will be through trial and error. However, one can learn through the mentoring and help of others. As a note buyer, wouldn’t you like to know how to overcome certain objections thrown at us by homeowners? If yo...
Broken Chains and Short Sales.
Thursday, July 10
Working in the note business, one may face a number of challenges. When buying a note one should always take the time to revise important documents, ask for certain documentation, and really decide what needs to be done to move forward with the file. A good example of a po...
KNOWING WHERE YOU STAND WITH YOUR HOMEOWNERS:Foreclosure and Arrears.
Thursday, July 03
This is a business! Once you have acknowledged that note buying is indeed a business you can then proceed to a well written plan of action and then successfully cash flowing. If you cannot grasp that concept, your cash flow will suffer, to say t...
THE BASICS OF BANKRUPTCY
Wednesday, July 02
Acquiring bankruptcy loan, terms, and procedures. BK Chapter 13 When in the note business, understanding how bankruptcy works is a must. Bankruptcy usually lasts about five years, sometimes three years. Once the homeowners are in bankruptcy, they will be making ...