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November Winner (Cash Prize - One Payment Partial)
Wow what a race we had this month for the top of the 30-day leaderboard!! October's winner @Iván Terrero & @Kareem Aaron were back & forth all month - with Kareem just squeaking out the win on the last day of the month (190 points to Iván's 187) Special recognition to @Jordan Adamczyk for the 3rd place with 45 points - nice work everyone! Kareem - check your email to share your Venmo/Paypal and get your "one payment partial" of $129.97. What is a one payment partial? One of the reasons mortgage notes are so powerful is their divisibility: you can split a performing, cash-flowing note into separate assets and sell ownership of current or future payments. Note investors use "Partials" (contract template here for VIP Accelerator members) to sell a slice of the future cash-flow of a mortgage note. For example, you might buy a non-performing note for $10k, modify it with the borrower for monthly payments of $300 for the next 7 years (84 payments) and then sell the next 48 payments (4 years) to an investor for ~$10k to recoup your investment. In 4 years, your buyer's partial payments will be over and you'll get the $300 per month again for the next 36 months (or until the loan is paid off). In this case, we're using a "one-payment partial" as a hands-on learning opportunity to give the winner of our 30-day leaderboard a monthly payment of $129.97 (the exact monthly payment of one of our modified loans that recently paid off). And how do you win it yourself in December? Don't be intimidated by the big numbers on the leaderboard! These totals reset every day to only reflect the last 30 days of activity. So if you start posting, commenting & participating today - you'll have a good chance of being the top of the leaderboard in 30 days!
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Not sure where to start? Here 👇
New to Notes? → Learn Note Investing in <25 minutes [free] This fast track explains how investors buy debt for pennies and turn it into cash flow. ➡️ Start the Free Mini-Course Ready for deal flow → Apply for a 1:1 Strategy Session [free] We’ll review your goals, deal criteria, and show you how to access active inventory. ➡️ Book a Free Strategy Session Want to broker deals? → Access the Mortgage Note Matchmaker Masterclass [$97/m] Every training, every script, every template — everything you need to broker notes. ➡️ Get Immediate Access
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HI! 👋 (READ THIS FIRST)
Welcome! This Note Investor Network was designed with one goal in mind... Become the most helpful FREE community on the internet for real estate investors that want to level-up with Mortgage Note Investing (especially by helping homeowners and making money with Non-Performing Notes - the BEST way to invest in real estate). I've spent the last 14 years obsessively optimizing my client's note businesses to learn everything I can. During that time, I analyzed over $1B of real estate and helped my clients acquire $500MM+ of unpaid principal balance, generating $60MM+ revenue by fixing non-performing notes. All of my best knowledge, frameworks, tools and learnings are packaged into our All-Access Accelerator program, with everything you need to get started right here for free in this group. We've created three categories in the Community tab (Acquisitions, Due Diligence & Resolutions) for your questions. create a post whenever you get stuck. Use the Case Studies for your wins/losses & learnings! Start here with a brief orientation & then create a post and/or start the first training course. To your success!
God bless
It's amazing to be among kings
walking a mortgage
i just finished a 2-day workshop with pete fortunato where he taught some sophisticated real estate concepts pertaining to real property and notes. he did transactions where he "walked" notes from one property to another. it sounded something like the portable mortgage the govt is considering. i have a book from the class, so I'll have to review the paperwork for this transaction to try to understand how he made it work. but has anyone ever heard of (or did) this before? In sum, he moved a mortgage from one house to another to continue paying the same note even though it was associated with different properties.
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The nationwide network for mortgage note investing: learn the best (and under-the-radar) way to profit from Distressed & Cash-Flowing Real Estate.
Leaderboard (30-day)
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