Notes

[Marvin Lyons]

Hello everyone & my question is it hard to buy house notes? And how do you go by purchasing them

[Tom Heidel]

Marvin,

Notes can be the most risky and most complicated strategy in Real Estate if you don't know what you are doing.  One of the few where you could lose every penny of your investment.

If you do it right, it can be one of the most lucrative strategies in Real Estate.

With that being said, if you are interested in investing in notes, pick up a few books and read about it.  Investing in Debt - by Jimmy Napier and Performance Anxiety by Gordon Moss.  Another good resource is listening to the Note MBA podcast from front to back.

If you decide it is for you, educate yourself, find a mentor and avoid the $20K Gurus.  Oh.... and educate yourself some more!!!