Note Buying -The Fastest, Easiest, Safest Way to Make Huge Profits In Real Estate
Posted on May 1, 2017 byAre you looking for the fastest, easiest, safest way to make money in today’s real estate market? Then you need to learn about notes! Notes are the number one way to quickly make huge cash profits in real estate, even if you don’t have your own cash or credit to get started. In most cases, you never even own the property, which really makes for a fast, easy, safe way to profit in this marketplace.
Many people are buying defaulted bank loans at very steep discounts, either as a backdoor to acquiring the property or in order to restructure the note into a very high yielding, passive investment. You can use the non-performing note (NPN) as leverage to get the property, either by negotiating “Cash for Keys” or by foreclosing on the property. Even with the time and expense of foreclosing, since you are buying the defaulted notes at very steep discounts, there are still fantastic profits to be made.
If you are looking for a passive investment, then you may want to focus on restructuring NPNs to allow the homeowner to stay in the property. Many people use this as a ministry to help distressed homeowners. Even though the homeowner is paying only a nominal interest rate, you can make super high, double-digit returns because of originally buying the note at such a steep discount.
A great deal of people are using seller financing to buy and sell properties very quickly, without the hassles of dealing with bank financing. This creates a phenomenal opportunity for both experienced investors and newbies alike to ease into this exciting real estate market without the hassles of owning the actual property.
For one reason or another, people who have carried back seller-financed notes change their minds and decide they don’t want to wait for their money. Tremendous profits can be made by buying out their position and giving them cash, and it doesn’t even have to be your cash! It’s very easy to cash out the note holder using other people’s money. And best of all, you can build in a nice profit for yourself—all without using your own cash or credit and without ever owning a piece of property.
Without a doubt, note buying is one of the most versatile strategies available in real estate today. If you aren’t taking advantage of the great opportunities in notes, you are missing out on the fastest, easiest, safest way to make amazing profits in this market place.