What is a note?
The promissory note is a promise to pay or IOU from the property buyer. It spells out the amount due and terms of repayment. In legal jargon it is known as a negotiable instrument. Similar to a check, the original must be presented to collect or prove ownership.
Why should I be interested in investing in Notes?
Notes are a way of participating in Real Estate without the headaches of rentals. Owning a note means you will be paid by the borrower the amount agreed on for the mortgage and the promise to pay is secured by the property.
What is a Joint Venture?
We offer the opportunity for people to invest with us for a portion of the profits. Typically, we find, evaluate and secure the note while our partners provide the capital to purchase the note. As part of the venture, our partners provide input on key decisions while we handle day to day matters.
How long do the investments typically last?
Typically a Non-performing note venture last approximately 18 months. For a performing note a venture will last just over 1 year. At the end of the time frame, we will sell the none to capture the profits from the difference between our purchase price and the sales price. Typically our purchase price is significantly less than the price we can sell the note after 1 year.
What are your sources of Notes?
We purchase notes from Banks, Hedge Funds, and Individual Investors.
What type of returns are possible?
Just like the stock market, no returns are guaranteed. However, if you want to learn more about what we have experienced, please subscribed to our blog.
What do I need to do next if I want to learn more about notes?
Subscribe to our Weekly Blog by clicking on this link.
What should I do if I want to learn more about what it takes to invest in notes?
Click on the attached link to subscribe to our Preferred Partner list, download our Investor Profile, and have our NDA automatically sent to you. Once you fill in both, email us to set up a personal discussion.