Before an investor pays cash for a real estate note, they perform what is called “due diligence.” This is really just a fancy word for research. You can simplify the process by being prepared for these common note investor requirements. When an … [Read more...]
Did you know that you don’t have to sell your entire note to receive a lump sum of cash?
Instead of selling your entire asset, many note sellers have taken advantage of selling just part of their future payments to get the cash they need today. With ‘Partials,’ owner financing doesn’t have to mean waiting years or decades to receive … [Read more...]
Safekeeping the Original Mortgage Note
Can you easily locate the original mortgage note? This important legal document should be kept in a safe place, and here is why! The promissory note is a promise to pay or IOU from the property buyer. It spells out the amount due and terms of … [Read more...]
Can I Sell Part of My Mortgage Note?
Owner Financing doesn't have to mean waiting years or decades to receive money. Sellers have the choice to sell all or just part of their future payments for cash today. Option 1 - When note buyers purchase all the remaining payments on a land … [Read more...]