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Seller Financing – Can It Work For You

HOW SELLER FINANCING CAN WORK FOR YOU Are you thinking about selling your property TODAY? Do you need to sell it QUICKLY? Maybe you need ALL of the money NOW, or have relocated or found another house to live. Has your property been sitting on the market longer than you want? Do you have interested buyers but they are not qualified for a traditional loan at the bank? Can you NOT “wait it out” until market conditions improve for it to be easier to sell your property and get what you are looking for? DO YOU WANT TO SELL YOUR PROPERTY FAST?!?! If you answered “Yes” to any of the above, then read on. Creating a Seller Financed Mortgage Note will help you sell your property FASTER in any market…AND you can also walk away with cash in your pocket shortly after closing when you create your note correctly What is a seller financed mortgage note? The seller takes on the role of the lender. The seller extends credit to the buyer in order for the buyer to purchase the house. WHAT IS A SELLER FINANCE NOTE AND HOW IT CAN HELP YOU The pool of eligible buyers who are qualified to purchase your property with a loan is considerably smaller than it was a few years ago. This is due to the collapse of bank lending from bad loans the bank made. There are now many good buyer/ borrowers out there who cannot obtain a bank loan. There is no place for them to turn. They would love to buy your property! NOTE OVERVIEW A Seller Financed Mortgage Note, also known as a promissory note (Note), is a written promise by the buyer of your property to pay a certain amount of money in the future – normally as a series of payments, and its’ payment in full is normally secured by property that you have sold to the buyer, (the property acts as collateral guaranteeing you will be repaid). You can loan money to your buyer (and become a lender), when you sell your real estate. You do this with seller financing and carry back a Note. You essentially provide them some or all of the money they need to purchase your property or business – with the agreement that they would pay you back with interest. Normally the property acts as collateral on that loan. SELL YOUR PROPERTY FASTER WITH A NOTE A Note will help you sell your property FASTER in any market because: Seller Financing is faster than a traditional loan. It can happen as quickly as 21-30 days. This solution is great for Rehabbers & Flippers. You increase marketability of your property by at least 20-25% if you offer Owner Financing because you are able to attract an expanded and larger pool of buyers who do not qualify to the stringent traditional bank loans in today’s market; e.g. lower credit scores, good credit with past bankruptcy or foreclosure, poor credit. You are offering a …

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Note Buyers Can Help You Raise The Cash You Need

A new breed of real estate investor has sprung up over the last few years, the real estate note investor. Investing in real estate notes is not new but it has seen a huge revival. There are basically to types of note buyers. Note Buyers – We Buy Notes Fast 1) Note Buyers or Note Investors who buy performing seller financed notes from people hold real estate paper, also know as real estate promissory notes or real estate mortgages. There are many reason a note holder might want to sell a note to a note buyer. You might want to raise some cash to pay off some bills or you might want to sell you note to have a great vacation. If you are a note holder and you need to raise just a little cash you could sell just a partial interest in a note for example say you own a $100,000 note that pays you 7% over 10 years, you could sell several years of payments to a note investor. Some Note Investors prefer to do this as it is less risk for them. 2) Non Performing Note Buyers: These are Investors that bad delinquent mortgages or notes mainly from large institutional banks. There are Billions of dollars of bad mortgages or bad real estate promissory notes and many Investors are making a fortune from buying these bad debts from the banks and turning the non performing notes into performing notes.

End The Anxiety, Read This Article About Real Estate Investing

Are you interested in investing in real estate, but you are not sure how to get started? Have you been burned by an investment turned sour in the past? If so, you may benefit from some of the information in the following article. Use it to get more from your real estate investments. Speak with a real estate expert to help you with your plan and see whether or not there are holes in your strategy. This will help you to get a good idea of where you stand and what you need to do to accomplish your goals. They may tear the plan apart and give you an alternative plan instead. Get an understanding of tax laws and recent changes. Tax laws are updated and amended regularly which means it is up to you to keep up with them. Sometimes the tax situation on a property can really up the hassle. When it seems to be getting to thick to manage, consider a tax advisor. Try not to overextend yourself. Don’t get overeager. Start small and work your way up. Don’t just assume that you can spend a great deal and make that money back. That’s an easy way to back yourself into a corner. Wait until your smaller investments can fund some of your more ambitious ones. There are two main guidelines to consider when entering the industrial or commercial real estate market. You want to make sure that you get a fair deal on the square footage. Second, avoid overpaying for the business. Think seriously about the “as is” value of the property and what rental income could be ascertained. It is important that both of these numbers provide a good deal for you. Make sure that you select places that are well-known and in a great area that could garner a lot of interest from potential clients. This is key, because it provides the greatest possible resale value once you are ready to buy it. It’s also a good idea to look for properties that don’t have high maintenance requirements. Consider building up a real estate rental portfolio that can continue to provide you with consistent profit for retirement purposes. While purchasing homes to sell for profit is still possible, it is less of a reality in today’s world than it has been in the past. Building up rental income by purchasing the right properties is trending vs flipping homes due to the current housing market. Don’t let your emotions be your guide in real estate investing. What you want personally certainly plays into home buying for yourself, but not for investing your money. Stick to what can make you money, and that is it. Always compare a property’s purchase price versus what you can make from it in terms of rental or fixing up and selling. Buy local properties. When you do this, you already know what the neighborhood is like. It will also let you keep an eye on your property, which gives you …

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Note Investor Training

“The articles are packed with such much-needed, relevant information. It seems like every question I had, there was an article written specifically about that topic.  Yet, I know I have only scratched the surface of your vast offerings!” — Danita Dyess (Note Pro Level) “I feel like a kid in a candy store!” — Richard Black (Note Pro Level) You get access to all of the Following: Recent Paper Source Teleseminar & Webinar Replays W. J. Mencarow’s Note Brokering & Investing Course, over 100 Pages Over 20 Intro Note Brokering & Investing Articles W. J. Mencarow’s Note Brokering & Investing Video Course 20+ Note Video FAQ’s Non Performing Notes Fast Track Intro Course * Seller Financing Secrets “Creating Notes to Sell” Video Course * Using Your IRA to Invest in Notes Video Course * Archive of the Past Years of The Paper Source Journal * 200+ Articles on Marketing, Negotiations and Structuring Note Deals  * The Paper Source’s Own Forms and Contracts for the Note Business * Note Brokering and Investing Mastermind Private Facebook Group * Your own customized website ** eMail coaching with W. J. Mencarow * Read more: http://papersourceuniversity.com