The Note Closers Show Podcast

When Is a Note Deal Too Skinny?


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In this episode of the Note Closers Show, Scott Carson dives deep into the world of note investing and reveals the secrets to identifying profitable deals! Learn how to avoid "skinny deals" that can drain your resources and maximize your return on investment. Whether you're a seasoned note investor or just starting out, this episode is packed with actionable insights.


Here's what you'll discover:

  • Understanding "Skinny Deals": Learn what makes a note deal too risky to pursue.
  • Calculating Your Money Costs: Discover why knowing your money costs is crucial before making any offers.
  • Funding Strategies: Get insights on lining up funding sources and avoiding deal cancellations.
  • Real-Life Deal Analysis: A student's first lien deal is analyzed in Oklahoma as an example.
  • Reverse Mortgage Considerations: Understand the unique aspects of investing in reverse mortgages.
  • Foreclosure Timelines: Learn how to factor in foreclosure timelines for different states (specifically Oklahoma).
  • Auction Strategies: Tips on when to bid at auction and what to expect.
  • Property Valuation: Accurately estimating property value and repair costs.
  • ROI Calculation: Calculating return on investment and the pros and cons of using investor money.
  • The importance of interior and exterior inspections
  • P&I Payments: How to analyze Principal and Interest payments and identify potential pitfalls.
  • Marketing to IRA Investors: Strategies for outbound marketing and building investor relationships.
  • Property Rehab Considerations: Balancing rehab costs with potential profits.
  • Market Analysis: Florida example of understanding current market dynamics and avoiding overvalued assets.


Conclusion:


Don't get caught in a skinny deal! Tune in to learn how to run the numbers, understand the market, and build a successful note investing strategy. Check the links below for resources and note buying workshop details!


Watch the Original VIDEO HERE!


Book a Call With Scott HERE!


Sign up for the next FREE One-Day Note Class HERE!


Sign up for the WCN Membership HERE!


Sign up for the next Note Buying For Dummies Workshop HERE!


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The Note Closers Show PodcastBy Scott Carson

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