Starting Out
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated almost 15 years ago on . Most recent reply
Buying Notes
I've been buying properties to rehab for a while now and I'm hearing a lot about buying notes and how I can get great deals buying notes at a discount.
Can anyone point me to an information source (inexpensive if possible) on the basics of buying notes.
Thanks in advance
Most Popular Reply
Don Konipol
#1 Tax Liens & Mortgage Notes Contributor
Lender
Pro Member
#1 Tax Liens & Mortgage Notes Contributor
- Lender
- The Woodlands, TX
- 9,104
- Votes |
- 5,848
- Posts
Don Konipol
#1 Tax Liens & Mortgage Notes Contributor
Lender
Pro Member
#1 Tax Liens & Mortgage Notes Contributor
- Lender
- The Woodlands, TX
Another but similar alternative would be to lend private money in a first lein position at low LTVs on property you wouldn't mind owning. If the note pays off you earn prox 18+% annually; if the note defaults you end up with the property at a large discount.
- Don Konipol
Private Mortgage Financing Partners, LLC