MARKETING FOR NOTE SELLERS FAST!!

[Amanda Bridges]

Hey, Bigger Pockets LAND!!  I closed a deal selling a note in South Carolina to a note buyer in California last month, and since NOT EVERYONE knows how to do that, I wanted to market for A LOT MORE sellers whose mortgage note info I can pass on to my buyers who are READY TO BUY!!!  This is more fun than flipping / wholesaling houses, because I HAVE BUYERS RIGHT THIS SECOND, which is TOTALLY different from BEGGING someone to buy the house that I had under contract and working for MONTHS for a mere referral fee $1000.00!!  How can I market to note sellers, without paying $1000.00 each month, OR do I NEED to pay $1000.00 for marketing, to keep the deals rolling along each month???  What can someone teach me that THEY did that helped THEM make some money FAST over the next few weeks???

[Bob E.]

What yield are your cash buyers looking for?  There are tones of places you can get notes. I am sure Joe or I could sell you all the notes you want at 10 or 12%.

If you are looking to source from holders desperate to get out and willing to sell at a large discount then you will need to get a marketing list and follow it up on a regular basis.