We Buy Notes -
Use Dodd-Frank screening and "rent tests" (Plan B) to ensure the borrower is a sustainable "family-first" avatar.
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Ensure the long-term health of the investment by offering or recommending professional servicing. Use Dodd-Frank screening and "rent tests" (Plan B)
Mandate the use of a Registered Mortgage Loan Originator (RMLO) to handle documentation and ensure the note is marketable on the secondary market. Learn more Real Estate Notes Show: Note Investing
Help sellers avoid "cheap mistakes" by setting appropriate interest rates and down payment reserves (e.g., keeping part of the down payment in reserve to risk-proof the deal). 3. Professional Due Diligence & Consulting
Clearly explain the "seasoning" period—often 3, 6, or 9 months—and how shorter seasoning typically results in a larger discount for the seller. 2. High-Value Note Creation Services
Provide strategies for buying the note instead of "Subject To" deals when a borrower is 6+ months behind, allowing for faster foreclosure or successful loan modification. 4. Specialized Note Servicing