Note Networking

[William S]

The following is for those of you who are active in the NP residential arena....

Let me tell you a little about what I'm in the very process of establishing. In attempting to leverage the time it takes to establish direct relationships with sellers/and follow up (banks) and finding a way to use what comes natural to me, qualifying the seller needs/building relationships, I've noticed in the last few month that some specific changes in our industry have taken place. And what I've seen is a real need and willingness from the real brokers out there, with direct contacts to sellers, to work with other brokers that have direct relationships with buyers.. It dawned on me that there was an opportunity for me to become much more efficient and at the same time provide a substantial value to others who don't have the resources or the time in place. But to do so now, really requires a shift in perspective and a willingness to trust.

There is that word....

We all know one must establish some credibility first, then the opportunity for trust can grow around that.

My motivation and direction behind establishing this trust is pretty simple: There is no other option to becoming successful long term... PERIOD!

Let me explain why...If my goal is to enter and share in your "space of business" or "circle of influence" and you in mine, what point would there be in beginning to build that bridge, invest my time, energy and money just to deliberately tear it down before it really had the potential to become something valuable. It would be nothing short of ignorantly paralyzing a port of profit and commerce just as any real bridge provides in the real world. It would be completely inefficient and truly counter intuitive to do so. People who take that approach are fly-by-nights not only in business but in life as well. So, what I'd like to do instead is build a solid, cable enforced, 21st century bridge where you and I can work freely and efficiently and continue to expand our business' while continually solidifying our relationship.

That's my goal. This I how I personally feel. These are my values and how I choose to approach my business. I realize that is counter to how most ignorantly conduct their business. I'm just not one of them. It's time to do something bold and put yourself out there in order to have the opportunity to grow and expand your business. The fear not to act is costly. We are truly in the midst of tremendous opportunity in our industry and the time to act collectively and productively is right here. I'm taking the first step...

There is no business plan in place, not necessary, I am only executing immediately on what I know I can provide as value.

This is as clear and concise as I can be. I already have several serious residential note buyers as well as several brokers in place, along with my own direct seller and buyer relationships. However, I am only looking for 4 on the buyer side and 5 on the broker seller side on each side of our equation.

If you are a broker who is direct to the seller ( NP residential 1st and 2nds...)
Do not contact me with seller mandates or with demands for LOI's or POF's.
Contact me if you are truly direct to the seller (the bank, servicer or secondary market investor)
Even if you are new to the business, contact me if you are direct to the seller.
Only contact me if you are ready to bypass all the BS and allow me to use my strengths in establishing the lenders needs as efficiently as possible.
I'm also looking to form more relationships directly with buyers...

If you are a serious residential note buyer who buys 1st's or 2nd's (or both) and...
You can make an all cash closing (individual or small pools) within 5-7 days after offer approval.
Would like to have a steady stream of resi NPN's to bid on a monthly basis.
Can do so with a direct contact to the seller
Do not have to worry about daisy chain repackaging BS, because you will be direct to the seller

PM me so we can talk more.

William S.

[Marc Faulkner]

C-mon De Lante, you can't expect us to believe you are a buyer and not brokering your notes with a cash4cashflows website that you bought off of Russ Dalby can you? In one post you say you are buying and in onother you post the details of a note you are looking to sell.
Listing notes on any open internet source is not a good idea and a sign that the listing broker has limited resources to sell notes to buyers with established relationships. What happens is that other newbie brokers will get a hold of this information and overshop the note. This makes the seller look like they are desperate and don't know what they are doing. It lowers the value of the note in the secondary market and does a dis service to the poor note holder. Let's keep it real!
Marc