Company Name
NoteConference
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What I have to offer is... (be specific)
Knowledge investing in non performing notes that is a win win situation for the borrower and us!
What I am looking for is... (be specific)
PO Box 6
Activity Feed
"Just a guess, lets keep it simple... lets assume you find an investor here in the group to hold a note against the property which will be owned inside the trust, I would say it is up to the investor/mortgage holder"
"I am seriously looking into creating an "Irrevocable Trust" to purchase my future note deals (works for houses as well). So far the advantages to a trust vs. LLC are in my favor!
No creation fee for a trust- LLC Yes
No annual fee- LLC Yes
No…"
No creation fee for a trust- LLC Yes
No annual fee- LLC Yes
No…"
"I would talk to someone at a title Co. on this issue, they may be able to remove it. "
"Paula
Give me a call...
Paula Steele said:
Hi again Mike. Where are my notes? I have many buyers."
Give me a call...
Paula Steele said:
Hi again Mike. Where are my notes? I have many buyers."
"Yes that is correct, and these are in 2nd position with the first position current with their payments. These notes are protected with 250k of equity so yes these are sweet notes.
Alberto Artasanchez said:
So if I am reading your post right, your…"
Alberto Artasanchez said:
So if I am reading your post right, your…"
"I have an opportunity to purchase 7 loans with an unpaid principal balance of 420k. This does not include the interest I will collect going forward. I will get all of my purchase price out over the next 5 years. 36k per year coming in as passive…"
"Simple math time...30 notes that pay you an average of $275 per month will give you 99k per year Passive Income, you wont have to fix one toilet!"
"Typical example of an easy purchase of a note for cash flow. This is a deal I have for sale as we speak...
Prop located Urbana OH
Estimated Value 93K
1st lien balance 80k -status- current
2nd lien balance to purchase 48k -status- consecutive…"
Prop located Urbana OH
Estimated Value 93K
1st lien balance 80k -status- current
2nd lien balance to purchase 48k -status- consecutive…"
Comments
Hey Mike,
Thanks for reaching out. Looking forward to networking.