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Are you still actively buying mortgage notes
I am just curious to reach out to people on BP and seeing who is actively buying and selling notes
Have not seen a lot of activity on the page so just curious.
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@Jack Pinard
Send me a PM and I can send you my resource guide - it doesn’t format correctly when I put it in here
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@Joe Daigle
Seeing a lot of overpriced assets with a lot of collateral issues.
Yes, I have been buying notes for 21 years through Seascape Capital.
How do you go about buying Notes?
Busy, busy busy... I buy seller-financed notes and installment contracts nationwide.
2024 has been my most active year to date.
I absolutely love working with mom-and-pop sellers. Most have created only one note or contract. That means when they reach out to me, they've never sold one. I love the opportunity to hear their stories, help them solve whatever problem they're solving, or, many times, simply move on in some way in their lives.
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Quote from @Marco Bario:
Busy, busy busy... I buy seller-financed notes and installment contracts nationwide.
2024 has been my most active year to date.
I absolutely love working with mom-and-pop sellers. Most have created only one note or contract. That means when they reach out to me, they've never sold one. I love the opportunity to hear their stories, help them solve whatever problem they're solving, or, many times, simply move on in some way in their lives.
I agree. 2024 we have been slammed as well. I think people need to realize, if they are not going to go hunt for their own food and have it served to them, then they will pay more, just like going to a restaurant - so expecting 11%+ for someone to find the deal is still around, but expectations should be lower. If those do not work then go buy a rental that does not cash flow. :)
Quote from @Chris Seveney:
Quote from @Marco Bario:
Busy, busy busy... I buy seller-financed notes and installment contracts nationwide.
2024 has been my most active year to date.
I absolutely love working with mom-and-pop sellers. Most have created only one note or contract. That means when they reach out to me, they've never sold one. I love the opportunity to hear their stories, help them solve whatever problem they're solving, or, many times, simply move on in some way in their lives.
I agree. 2024 we have been slammed as well. I think people need to realize, if they are not going to go hunt for their own food and have it served to them, then they will pay more, just like going to a restaurant - so expecting 11%+ for someone to find the deal is still around, but expectations should be lower. If those do not work then go buy a rental that does not cash flow. :)
That's true, Chris.
I am looking for the same. I just set up a self-directed IRA Roth account. Very interested in this.