Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Wholesaling
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 12 years ago on .

User Stats

885
Posts
316
Votes
Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
316
Votes |
885
Posts

Wholesaling a land contract note

Mark Yuschak
  • Residential Real Estate Broker
  • Grand Blanc, MI
Posted

Through one of our channels of advertising we came across a motivated note seller. We're not in the business of buying notes and have no interest in buying it for ourselves. However, we don't want to let the lead go cold since this note seller is quite motivated.

What are some strategies we can use to make a few bucks off these notes?

We had the seller complete a standardized note questioner. There are some holes and gaps in the info since the seller inherited the property as part of a family estate. He has only been personally servicing them for approximately a year. They are performing and have been for 5+ years (albeit, the seller cannot prove payment history past the latest year due to the estate situation).