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Updated about 6 years ago,
Can you buy properties using Note
Hi,
I am looking to finance a distressed property which is $25k and need to put at least $15k rehab money, which will rent around $1000 when all done. I have had 3 properties like these so far and I know how well it works.
But, I am short with my own Cash now and looking to see if I can get any Mortgage Note on the property. Does it work? Where do I start? I have heard a podcast a while back from BP or some other place where the guest bought tens of properties by having a Note on each property.
Thanks for your help!