On this episode Robyn Jackson, note buying expert and note broker, shares a ton of great information on how to work the note business. Robyn runs Bearcat Capital in the Dallas/Fort Worth market.
BearCat Capital is a real estate firm specializing in the buying and selling of 1st and 2nd liens, REO’s, manufacturing notes, and building wealth through self-directed IRA’s (SDIRA). 100% of their daily focus is working with homeowners, real estate investors, and financial friends who are looking for a company who can assist them in achieving their real estate goals.If you have any questions on anything to do with the note buying business contacting Robyn Jackson would be a smart idea.
BearCat Capital - www.bearcatcapital.com
Show Notes:
00:00 - 01:30 Introduction
01:30 - 02:24 What a note is?
02:24 - 04:55 Difference between performing and non-performing note.
04:55 - 08:00 Why would someone buy non performing notes?
- How do you get non performing note performing?
- Foreclosing and selling with owner financing.
08:00 - 09:01 How to make a deal with tenant buyers?
- Find out what the story is?
09:01 - 11:00 How do you source non performing notes, where do you need to look?
11:00 - 12:40 Strategy for finding and buying notes nationwide?
12:40 - 18:01 How to structure notes. Relationship between note sellers and note buyers.
18:01 - 21:30 Residential Mortgage Loan and Loan Servicing Companies.
21:30 - 24:15 Joint venturing with notes.
24:15 - 25:22 How you can work with Robyn?
25:22 - 27:41 How to set terms for note to make it best for selling?
27:41 - 28:28 Pricing notes
28:28 - 30:10 Mobile home notes
30:10 - 32:54 Business in small towns
32:54 – 37:59 Advices from Robyn
How to get long term money?