The Hidden Gem Of Note Investing
Most people don’t realize that note investing is kind-of a backdoor means of acquiring property. This includes residential properties, mobile homes, land, commercial buildings, etc.
Notes are secured by different types of property, and you can acquire those properties through note investing.
I target non-performing notes (meaning the borrower has stopped paying), because I can mitigate some of my risk by buying at a discount. It also gives me leverage to move forward with an exit process, especially if you are looking to acquire the property.
IF YOU USE NOTE INVESTING TO ACQUIRE PROPERTY:
Please put your “heart hat” on, and remember that there are people that live in these homes. If you are going after the property, I strongly recommend targeting notes where the property owner has already vacated the premises. Believe me when I tell you: it is not fun kicking people out of their house. It’s a little less intense if you’re dealing with commercial buildings or land, of course, because people aren’t as emotionally invested as they are in their residence. Nonetheless, it is NOT FUN!
How to buy fix and flip properties at a discount:
Over the past decade and into 2023, we’ve seen a lot of competition for houses. Pricing has gone up. Inflation has gone up. Interest rates are going up right now. We’re facing quite a crisis. And if you’ve tried to buy, fix and flip properties and haven’t been successful because the competition has been too high, perhaps you should look at note investing. Again, I like to call this “the backdoor way of investing and acquiring property.”
You buy the note, which is the debt. It is secured by the collateral, which is the building, and then you go through the steps to foreclose on those properties and bring them into your portfolio (without the competition, and probably at a much bigger discount, BTW).
Did you know my Building Wealth with Notes workshop is available Online and On-Demand?
Now you can go at your own pace to learn everything you need to know to become a Note investor! Be sure to check out BuildingWealthwithNotes.com and you can sign up for your On-Demand classes. I give you all the tools you’re going to need to be a successful note investor, including bonus resources and contact information for my team! Want to acquire properties the way we note investors do – through the back door, with a lot less competition and at a much bigger discount? Sign up today!
TAKE THIS FREE VIDEO SERIES TO LEARN THE BASICS ABOUT NOTE INVESTING
Get the 411 in this quick easy to digest video series, so you have a more comprehensive idea of what it is and if it’s the right next step for you.
ABOUT PAIGE:
Paige Panzarello is the “Cashflow Chick”. Having been a Real Estate investor and entrepreneur for almost 25 years, Paige has experienced many facets of real estate investing. Her experience includes founding and running her own Residential and Commercial Construction and Acquisition companies, Buy and Hold residential and commercial real estate investing, Tax Deeds/Liens Investing, Fix and Flip (Residential Remodeling), and other forms to name a few. She currently focuses on Non-Performing Notes that she purchases all across the United States. Whether in notes, residential or commercial real estate, in California, Arizona, or nationwide, Paige has been successful in completing over $150 million in real estate transactions to date.
