All Forum Posts by: Daniel Peavey

Thanks Tanya.  

Great!  Thanks Abel!!

Perfect!  Thanks Diane

1. If I was originator of a note, hypothetically to a fixer / flipper, it would be my responsibility to create also a security deed and have it recorded , fixer / flipper putting Jp his property for collateral, correct??

If I sold the note, I presume it would be buyers responsibility to do same process, also having me , the originator of note, assign him my Security deed

I do not see this legality mindset among note buyers!!

When I listen to these podcasts, maybe then my thinking will be confirmed 😊

Thanks to everyone for great info

great!  Thanks Ryan

awesome!  Thank you Tanya!!

I talked with a guy who wholesales Notes.  Actually, he creates notes to flippers, resells them to investors.  

I asked him if each note is a Security deed and filed at courthouse??  Also, after he creates note, and sells to Investor, is Security deed reassigned to Investor?

He kind of gave me silent treatment!!

But, am I thinking correctly??

If I buy a note, I would only do it if I had the collateral of property!!

Does this always occur in note transactions??

Thanks Chris!

awesome. Thanks Michael!!