Note Investing Training Programs

Tax Liens & Mortgage Notes
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Note Investing Training Programs

Chris Brown
Member since 2019 · 7 posts · 7 votes

Hi everyone!

I recently attended Note Expo 2022 this past weekend.  I really learned a lot (this was my expectation).  I'm wanting to expand my understanding on note investing a bit more.  Can anyone recommend a training program that I can do so I can hit the ground running.  I have heard of Note School, Paperstac academy, Note Investors University, Note newbie, and Note Investor Tools, to name a few.  Which one would you recommend?

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Eddie Fernandez
Rental Property Investor · Platte City Missouri, United States · Member since 2020 · 37 posts · 45 votes
3y

Fred and Tracy Rewey's Note Investor tools for me has been awesome.  Both of them are extremely knowledgeable, the course content is thorough, and most of all affordable for a beginner.  You won't be disappointed.    

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  • Peter Halliday
    Rental Property Investor · Arlington Heights, IL · Member since 2017 · 243 posts · 108 votes
    3y

    I know Dan Deppen and Chris Seveney both have membership style organizations.  I haven’t taken them, but have terrific reputations.  You can trust them.   

    There’s several others that do mentorship that are worth doing too.   But my best advice is to just buy a note.  Size it appropriately so that f you lose you’ll live to fight another day.  I think starting with a performer is a better idea.  

    4Reply
  • Bruce Lynn
    Real Estate Broker · Coppell, TX · Member since 2011 · 5k+ posts · 4k+ votes
    3y

    Not sure if Eddie Speed is still around and teaching out of Dallas, but I used to hear him speak years ago and he seemed like he is/was an expert.   I'm skeptical of most programs and gurus, but he seemed legit.

    2Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Chris Brown

    Can you let us know if you are looking at

    1. Performing or non performing or both

    2. 1sts and 2nds ?

    3. Buying from secondary market or looking to originate / seller finance ?

    With this info I can provide you with more information as there are some good programs out there but if you are interested in 2nds for example the really good programs for seller financing may not be as ideal as one catered towards seconds as an example.

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    4Reply
  • Eddie Fernandez
    Rental Property Investor · Platte City Missouri, United States · Member since 2020 · 37 posts · 45 votes
    3y

    Fred and Tracy Rewey's Note Investor tools for me has been awesome.  Both of them are extremely knowledgeable, the course content is thorough, and most of all affordable for a beginner.  You won't be disappointed.    

    7Reply
  • Chris Brown
    OP
    Member since 2019 · 7 posts · 7 votes
    3y
    Quote from @Bruce Lynn:

    Not sure if Eddie Speed is still around and teaching out of Dallas, but I used to hear him speak years ago and he seemed like he is/was an expert.   I'm skeptical of most programs and gurus, but he seemed legit.


     Yes, Eddie does still teaches.  In fact, the Note Expo was his event.  I had the fortune of him sitting next to me during breakfast on the first day.  Learned some valuable nuggets of info!

    1Reply
  • Chris Brown
    OP
    Member since 2019 · 7 posts · 7 votes
    3y
    Quote from @Chris Seveney:

    @Chris Brown

    Can you let us know if you are looking at

    1. Performing or non performing or both

    2. 1sts and 2nds ?

    3. Buying from secondary market or looking to originate / seller finance ?

    With this info I can provide you with more information as there are some good programs out there but if you are interested in 2nds for example the really good programs for seller financing may not be as ideal as one catered towards seconds as an example.


     Since I am new to this space, I would prefer to have as safe of an investment as possible then graduate to the more sophisticated.  That meaning i would like to begin with performing 1st and 2nd liens.  However, with the rising mortgage interest rates upon us, originating and seller financing is a potential lucrative note space.

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Chris Brown

    I would check out Fred and Tracey Rewey. They have some great content on seller financing and performing notes. From what I have heard they are also reasonably priced.

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    3Reply
  • Wale LawalBusiness Member
    Real Estate Broker · Houston | Dallas | Austin, TX · Member since 2018 · 5k+ posts · 2k+ votes
    3y

    @Chris Brown

    There are several programs you can find on 

    1. udemy.com
    2. roimuse.com
    3. fortunebuilders.com

    Good luck!

    [email protected]832-776-9582Podcast Guest on Show #469
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  • Kevin Crowell
    Real Estate Professional · Mansfield, MA · Member since 2012 · 74 posts · 28 votes
    3y

    Hi Chris -

    Fred & Tracy are very helpful in the seller finance space and are very reasonably priced. Good luck. 

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Chris Brown

    One rule of thumb I highly recommend - never ever ever buy loans from wherever you get your training.

    If they teach you to buy at best price and sell at best price do you think they have your best interests in mind ?

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    4Reply
  • Paolo Ruggieri
    Lender · USA · Member since 2015 · 212 posts · 53 votes
    3y

    Feel free to PM me... I think I can help you.

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    3y

    @Chris Brown

    Have you picked one? If so which one you go with and what was your reasoning ?

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    0Reply
  • Rochelle Jordan
    Las Vegas, NV · Member since 2014 · 12 posts · 1 vote
    2y

    Wow,just buy a note,what about due diligence?

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y
    Quote from @Chris Brown:
    Quote from @Chris Seveney:

    @Chris Brown

    Can you let us know if you are looking at

    1. Performing or non performing or both

    2. 1sts and 2nds ?

    3. Buying from secondary market or looking to originate / seller finance ?

    With this info I can provide you with more information as there are some good programs out there but if you are interested in 2nds for example the really good programs for seller financing may not be as ideal as one catered towards seconds as an example.


     Since I am new to this space, I would prefer to have as safe of an investment as possible then graduate to the more sophisticated.  That meaning i would like to begin with performing 1st and 2nd liens.  However, with the rising mortgage interest rates upon us, originating and seller financing is a potential lucrative note space.


     Did you ever select a program, which one and want to share the experience?

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    0Reply
  • Brett Burky
    Investor · Orlando, FL · Member since 2014 · 110 posts · 90 votes
    2y

    I think Chris makes a good point of determining the strategy - performing 1st position notes is always a safe "dipping toes in the water" type of note to go with. 

    Fred and Tracey you can't go wrong with. Wonderful people and knowledgeable. 

    2Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    2y

    @Brett Burky

    Thank you for noting I made a good point - see even a blind squirrel 🐿️ eventually finds a nut.

    To original poster - I tend to be brutally honest at times so happy to share my opinions on anything you are looking at

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    2Reply
  • Susan Mumford
    Member since 2024 · 1 post · 0 votes
    1y

    Any thoughts about Lee Arnold's Income Notes Digital Training Program for flipping mortgage notes?

    0Reply
  • Chris SeveneyBusiness Member
    Moderator
    Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes
    1y
    Quote from @Susan Mumford:

    Any thoughts about Lee Arnold's Income Notes Digital Training Program for flipping mortgage notes?


    I always recommend you do some google reviews and BBB reviews on any training program first to see what they say as well as BP reviews.

    As it relates to note training as a whole - I can pretty much tell everyone there is not a notes training course out there that will get you flipping notes. My guess is many of these programs are older and the note world has changed drastically. There are very few sellers of notes right now, so who are you buying and selling too.

    You are going to be sadly dissappointed and realize after 3-6 months you probably wasted your money.

    Your best bet is to join some groups on FB or elsewhere and start to learn that way.

    Let me ask you this question: Have you spoken to any note investor out there to ask them about the environment today to actually get into notes? 

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