Simple Ways to Profit From Notes‏

Folks, here’s some quick ideas to help you make more profit from
every real estate deal you do…

The “guts” of most real estate deals is in the financing.

Having the money you need to get real estate while it’s
on sale is the key to almost any type of investing you may
be doing.

Here’s the first of 3 big ideas you can use to profit from
the financing on your real estate deals…

Owner Carry Note with 1st Right of Refusal
——————————————-
In today’s market, with conventional financing harder to get,
more and more owners are willing to carry back a 1st mortgage
in order to help sell their property. The key is to make sure
that you get a low interest rate (pretty easy to do in today’s
market) and a VERY LONG term. The longer the better.

The reason for this is that with a long term owner carry note,
at some point the owners situation is going to change, and you
will have an opportunity to pay off the note at a big discount.

This is because people will often want to get some money now,
rather than waiting another 10 or 20 years to get the full
amount. Or, if the note holder (the owner who sold you the
property) dies, then the heirs are usually in a hurry to get
their hands on some cash.

If you’ve played your cards right, you can sometimes get the
property refinanced at this point without having to put any
more of your own money in it. Remember, successful real estate investing is about being smart and creative, but at the same time finding a solution that has a “win-win” outcome.

*God Speed*

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