2ND PILLAR : BUY PERFORMING NOTES
A performing note is a loan on a property where the borrower is making consistent payments . Performing notes are constantly bought and sold , so lots of traders make transactional income much like realtors make commissions .
Every performing note has the property as collateral , and the property almost always has more value than the money owed ; making them very secure investments . ( Compare that to a stock portfolio . If your stocks take a dive , there ’ s no collateral backing them up so you ’ re left with zilch .)
By owning performing notes , not only do you earn high interest on the loan ; you also get a chunk of your original investment back every month as principle .
Performing notes offer another great strategy to build wealth and scale up your note business . Say you buy a performing note for $ 100K with twenty years of payments coming your way . You can sell the first ten years of the payment stream ( which is what we call a “ partial ”) for roughly the same $ 100K you paid for the entire note , and still have the second ten years of payments coming to you in the future ! It ’ s like buying a pizza with six slices for $ 6 , then selling three slices for $ 2 apiece . You still have half your pizza for free !
3RD PILLAR : BUY NONPERFORMING NOTES
A nonperforming note is a loan where the homeowner has fallen behind on payments . There ’ s a tsunami of these notes hitting the market right now from banks cleaning up their balance sheets .
Why do so many investors love nonperforming notes ? Because they ’ re sold at deep discounts compared to the money owed on the loan and the value of the property attached .
We teach multiple techniques for loan modifications to help the homeowner get back on track with consistent payments . This turns a nonperforming note into a “ reperforming note .” Once the homeowner has made a year or so of consistent payments , the note owner can keep the note for monthly income or resell it as a performing note for a lot more than they paid .
We can help you learn techniques to gain title of the property , if necessary , through deedinlieu , short sale , or foreclosure . Once you take full possession of the property , you can flip it for a hefty profit , rent it out , or seller finance it to a wellqualified buyer for years of stable monthly income .
YOU ' LL SLEEP BETTER KNOWING YOU ' LL WAKE UP RICHER THAN WHEN YOU WENT TO BED
I ’ ve been perfecting the art of creative financing my whole career ( which started in 1980 ). I love passing on what I ’ ve learned to help people change their lives . Even if you don ’ t have a background in math , finance , or real estate , we can help you learn the three pillars and start making deals fast . Plus , every student becomes part of our community to participate in deal labs where you learn from people with decades of experience in exactly the type of deals you want to make .
I ’ ll leave you with one more fantastic benefit of becoming a note investor . You can do it fulltime , or you can do it parttime and keep your current job — at least until your note income surpasses your 9 to5 income . This can happen a lot faster than you expect , then you can walk away on your terms !
As you compare all the various ways to invest money , along with all the many facets of the real estate industry , you ’ ll understand why I say : “ Notes are where investors go when they grow up .”
Take our FREE 2hour Master Class that introduces you to the amazing wealth building potential of notes . Just scan this QR code to learn more and sign up .
MEET EDDIE SPEED
Eddie grew up around horses , but in 1980 he learned there ’ s more wealth to be built with a pencil than a rope . That ’ s when his fatherinlaw , a pioneer of sellerfinanced notes , taught him the ropes of the note business . Eddie has been perfecting his craft ever since , introducing creative innovations that changed the way note investing is done .
As the nation ’ s most experienced note buyer , he has closed over 50,000 note deals . He launched NoteSchool in 2000 , where anyone can learn the art of creative financing for performing and nonperforming discounted mortgage notes . He is the owner and president of Colonial Funding Group LLC , which acquires and brokers discounted real estate secured notes , and he ’ s a principal in a family of Private Equity funds that acquire bulk note portfolios .
Thousands of NoteSchool students have testified to the wealth building , lifechanging power of his triedandtrue , datadriven approach to note investing .
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