What is Note Brokering?
Simply put note brokering is finding someone who is carrying some form of promissory note and finding a note buyer or note investor who want to purchase the note. You get paid a commission or a spread from negotiating with the note seller and selling to a note buyer.
What Types of Notes Can Be Brokered
The most common for of note that is brokered are real estate notes and business notes but there lots of other forms of promissory note that can be brokered you just have to find a willing seller and buyer.
Mobile Home Notes can be brokered and are very popular as the often have very high yields. Mobile home promissory notes with land have more value generally but many investor buy simple mobile home notes without land. Mobile home note are very popular with self directed IRA investors as they are usually fairly small note which are ideal for self directed Roth IRA accounts.
Business Notes are another common form of note that is highly desirable to note investors. A great place to locate business notes is to talk with business brokers, over 60% of all small businesses are sold with some for of seller carry back financing that produces a note. Business notes that also have some form of real estate attached to them are less likely to be discounted heavily.
Legal action notes are often brokered,some of the large class actions awards can be very significant and can be brokered to the right note buyer.
A Bigger List of the Types of Note That Can Be Brokered Can Be Found Here Promissory Notes That Can Be Brokered
Interested in Note Brokering or becoming a Note Broker?
The Paper Source University has resources for both new and experienced.
More Note Brokering Information
- What Does it Take to Become a Successful Note Broker?
- The Growth of Private Mortgage Notes
- Working with Note Buyers
You can more Training and Information on Note Brokering and Note Investing at these two great site.
Note Investing & Brokering Articles
admin 14/04/2017 Newsa, buying, estate, financing, harvey, house, jacobs, lawyer, mortgage, notes, real, s, seller, through What to know before buying mortgage notesBy Harvey S. Jacobs April 19, 2013Last of three partsBuying mortgage notes can provide the savvy...
[Editor’s Note: This is a guest post from website advertiser Michael Episcope, the founder of Origin Investments. It is a bit of a part 2 to his previous, well-received guest post. I have no money invested with Origin at this time but obviously have a financial...
San Diego County Real Estate Booms in March With Increases in Both Prices and Sales – San Diego, CA Patch
SAN DIEGO - San Diego County's real estate market kicked into high gear last month with increases in both prices and sales, the California Association of Realtors reported Monday.The median price of a single-family home that changed hands in the San Diego region in...
So you decided to get into the note investing game via buying non performing notes or performing notes. Now let us look at 34 ways you can improve a note. Improve Your Promissory Note - Early Payoff 1. Early Payoff Many times a note is paid off in full in advance of...
Google Docs for your Note & Real Estate business paperwork Google Sheets to Analyze your note and real estate deals Google Slides - For presentations to homeowners or investors Google Forms - To capture leads on your website Google Keep - To Keep you Organized Google...