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Updated almost 3 years ago on . Most recent reply

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6
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4
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Robert Oshea
  • Syracuse ny
4
Votes |
6
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Note investing for poor people

Robert Oshea
  • Syracuse ny
Posted

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.

Most Popular Reply

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833
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Tracy Z. Rewey
  • Investor
  • Orlando, FL
310
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833
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Tracy Z. Rewey
  • Investor
  • Orlando, FL
Replied

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. 

  • Tracy Z. Rewey
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