What Are Your Favorite Exit Strategies For Notes?

[Tracy Z. Rewey]

We have so many exit strategies for real estate notes. Often the best outcome depends on the note itself. Here are some of the strategies we use broken down into Performing and Non-Performing Notes.

Performing Notes

• Pays To Term
  
• Pays Off Early
• Sell The Full Note
• 
Sell A Partial

• Combine With Other Notes for a Mini Pool/Portfolio
• 
Help Borrower Refinance
• 
Restructure For Early Payoff

• Incentivize For Early Payoff

• Trade the Note

• Hypothecate The Note


Non-Performing Notes

• Payer Reinstates

• Work With Payer To Catch Up
• 
Restructure Forbearance or Modification
• 
Accept a Short Sale/Short Payoff
• 
Cash For Keys & Deed in Lieu of Foreclosure

• Sell as Non-Performing
• 
Pursue Foreclosure

• Homeowner Sells House and Pays Off
• 
Sells At Foreclosure

• Get Property At Foreclosure

• Sell Property As-Is To Investor After Foreclosure
• 
Fix and Flip After Foreclosure

• Rent Property Out

• Lease Property With Option To Buy

• Sell With Owner Financing

Would love to hear what are your favorites?