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Updated about 10 years ago on . Most recent reply

User Stats

116
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31
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Martin Sterling
  • Flipper
  • Staten Island, NY
31
Votes |
116
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Real Estate Properties or Notes?

Martin Sterling
  • Flipper
  • Staten Island, NY
Posted

Which would you say is better for a Buy and Hold strategy or Wholesaling, Properties or Notes? What do you think are the pros and cons of each?

I'm just starting out and the way I see it, Notes seem to have more flexible exit strategies. In addition, buy buying the note I could foreclose and take the home at a much deeper discount than I could've got negotiating with the homeowner or bank. Granted, depending on the state, foreclosure can be time consuming but it can still be profitable.

Most Popular Reply

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1,527
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514
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Jeremy Tillotson
  • Investor
  • Fort Wayne, IN
514
Votes |
1,527
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Jeremy Tillotson
  • Investor
  • Fort Wayne, IN
Replied

@Martin Sterling Good for you if you are getting great deals on Notes, I think the market is overheated, I can often buy an REO for the price of a note, and not have to foreclose. Just my .02

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