Owner Financing & Note Investing Podcast with Dawn Rickabaugh

Why not ask for zero down? I'm going to quit being so squeamish. My interview with David Olds contains a lot of great gems, and some great reminders of getting back to basics, slowing down, and talking just one Mom 'n Pop to another for success all around. 

• Check out David's EZ real estate closings service
• Come sign up over at NoteQueen.com
• Get help with your seller financing offers: SellerFinancing.Services
• Boomer Real Estate Rescue: Double the Income You're Collecting in Rent

Tracy Z is a veteran of the note industry and she brings all her years of experience to talk about what she sees happening in the market, and how she helps others learn about the note business and get started investing in notes. We both love partials and wraps! It was fun for me to hear some of her history, as I came to the industry in the mid 90's, and she was a seasoned professional by then. I always wondered what happened to Metropolitan. They dominated back in the day, but had rolled up shop before I was actively participating in the note business. Thanks, Tracy! Great to rub shoulders with like-minded people in this space. I highly recommend anyone new to note investing check out what she has to offer over at http://noteinvestor.com

My best

Dawn 

http://notequeen.com

Lots of great conversation made possible by Svetlana, who brought us her scenario. She moved across the country to fulfull her dream of investing in notes. That's some grit and determination, folks! When you offer seller financing, you can get much more for your property. Learn more over at NoteQueen.com or BoomerRealEstateRescue.com

Positioning a portfolio for more cash flow before retirement kicks in. Looking at getting some property free and clear, and converting one or two into notes.

I am reminded of a story that Gordon Moss told me years ago... Derisking and being very conservative allowed him to sail through the great financial crash of 2008, whilst his counterparts lost everything during the blood bath. We don't know what's coming, so position accordingly. If real estate prices drop by 30%, or if rents go down while taxes and insurance keep going up would stress you out, it's time to consider taking some profits off the table. You may want to convert some of your real estate into notes and be the lender on your properties instead.

Earlier this month we had a series of solar flares during a few days of high geomagnetic storms. If you haven't already prepared yourself to be out of power for up to a month, this is your wake up call. Can you feed your family, filter water for them, keep them warm and safe?

In this episode:

00:11 - Engaging, Connecting, and Learning About Seller Financing and Note Investing 03:05 - On the Agenda: 3 Deal Reviews LIVE on Property Paper Live 03:52 - How to Submit Questions LIVE on Property Paper Live 04:39 - $400,000 Seller-Financed Single Family Home Acquired for $151,585 09:32 - Seller-Financed Multifamily 5-Plex Investment with Only 5% Down 21:14 - Acquiring a $500,000 Single Family Rental Property with No Money Down 32:45 - Should You Acquire Real Estate or Lend Private Money Before or During a Recession? 41:38 - Preparing for the Unexpected: One of the Best Investments

It is generally not possible, but in this episode, I will show you how I helped reverse engineer a proposed real estate transaction so that the seller, a rehabber, could accept an owner financing offer and walk away with the equivalent of a cash sale.

In this episode: 1:21 Get a Free of my NEW eBook - Boomer Real Estate Rescue. 2:59 How to submit your questions LIVE on Property Paper Live. 4:05 How helping my borrower avoid foreclosure: Got me TWO NEW NOTES! 11:53 Would you buy this $110K note at 7% yield? 24:56 Borrower can't pay the balloon payment at the 2 year maturity date, PROS and CONS of foreclosing on the borrower? 28:30 How to create win-win note terms for all parties without leaving future yields on the table. 34:54 Can you increase your yield by increasing the sales price? 37:36 I’m selling a note, how can I net the spread and create passive income off of future payments? 46:03 LIVE Deal Review: PROS and CONS of Contract for Deed Deals. 53:55 Where to learn more Seller Financing and Notes.

https://notequeen.com/blog/sick-of-being-a-landlord-double-your-rent-with-seller-financing/

In this episode:

03:06 - Unlocking Hassle-Free Income: Leveraging Property and Paper 05:46 - Dawn’s Go-To Financial Calculator for Note Investors 07:11 - Analyzing Cash Flow: Rent vs. Seller Financing 14:40 - Mitigating Risk: Optimal Seller Finance Terms and Down Payment Standards 16:51 - Maximizing Security: Cross-Collateralizing Loans 17:42 - Exploring Acquisition: Purchasing a Plumbing Business with Terms 21:36 - LIVE Transaction Review and Calculator Practice: Crafting Favorable Terms for Commercial Property Acquisition 30:32 - The Porter Family's Journey: Setting Up Success with Favorable Terms 38:47 - Strategic Advantage: "Right of First Refusal" in Seller Financing 41:27 - Ninja Note Strategies: Minimizing Capital Gains 52:09 - Continuing Education: Advancing in Seller Financing and Notes

Are there other ways to put deals together that get us around some of the dicey scenarios with real estate and the mortgage industry? We cover a lot of ground in this episode, but an interesting conversation came up about the idea of doing a lease option instead of making a loan. What do you think?

In this episode:

01:12 - Invest in yourself. 01:59 - Stay connected to Dawn. 03:02 - Note Deal follow-up: Win-win solution? 04:46 - Foreclosure snag - On title with unwanted property! 09:35 - Disguised mortgage strategy concerns. 19:22 - Asset climate: Dicey? 24:51 - Lender vs. landlord debate. 25:30 - Banks recovering unloaned money. 27:33 - Are mom and pop investors safe carrying paper on their properties? 30:09 - Why isn't owner financing more common? 32:27 - Choosing a good servicing company. 38:55 - Avoid note investing pitfalls - Trust Deed vs. Mortgage states 40:50 - Judicial truncation for vacant properties? 41:41 - Illinois contract for deed - convert to owner financing? 51:35 - Closing reminders for seller financing.