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Updated almost 3 years ago on . Most recent reply
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Note investing for poor people
Is there a way to start investing in notes for between 500 and 1000 dollars? I would like to get started but I don't have thousands of dollars laying around. I want to start off using smaller amounts to draw in enough money to get bigger ones.
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Hello Robert, One way to get started is to market for notes and then refer to an investor to earn a referral fee at closing. It is similar to wholesaling real estate. As you create deal flow, you can find opportunities to work yourself into a deal. For example you can sell an investor the first 25 years on a 30 year note keeping the last 5 years for yourself (using the investor's funds to purchase the full from the note holder). We call that buying full and selling short using the partial purchase.