Don’t Flip This House!
Why this home flipper pivoted to buying notes,
and created an online note buying community…
Fuquan Bilal, Founder of National Note Group,
kicked flipping houses to the curb. Here’s why he did it,
and how more investors can enjoy a rewarding transition to
investing in highly profitable mortgage notes…
In Pursuit of True Freedom
Leader of the NNG Note Academy, Bilal recognizes
flipping houses, and spending hours drooling over eye
candy at interior design stores can be enticing, and finan-
cially rewarding. After all, he has been a successful flipper
himself. However, for Fuquan, these days are now focused
on acquiring pools of mortgage notes, and helping home-
owners.
I dial 973.855.4922 (the head office of NNG)…the phone
rings. And just when you are mentally preparing yourself for
facing the grueling process of navigating yet another automat-
ed phone system…a REAL person answers!
To the background beat of live deal making in process,
in the active New Jersey headquarters of National Note
Group, Bilal’s calm voice, conveys the confidence of a
highly experienced, and unflustered money manager that
would be just as at home in the center of the Wall St. bull
Realty411Guide.com
by Tim Houghten
pen, as on the couch, watching TV with the kids. In the
exclusive interview that follows, Fuquan breaks down how
easy it has been made for investors to buy notes, how they
can stay safe doing it, and why more should.
After joining the ranks of house flippers vying for big
paydays buying and fixing up houses in the early 2000s,
Fuquan says he woke up one day and realized that he had
become a “slave to money,” a position which was “robbing
him of a real life, and true freedom.”
As all house flipping investors know, it is an easy trap
to fall into. Flipping houses can be incredible profitable. Yet,
the promise, and potential for a four hour work week, often
instantly dissolves in the face of ambition, and the thrill of
the chase of the next deal. Before long it can become more
than a full time job, and a highly stressful one.
So Bilal, assembled a top team with almost three
decades of experience in the mortgage note, and debt
investing industry. National Note Group was launched, and
eventually, the Note Academy, which equips and teaches
others to invest in notes safely and successfully.
Now the industry thought leader spends his time turn-
ing others onto the incredible perks of note investing, and
PAGE 50 • 2014
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