Instead of Making a Private Loan, Can you Buy at Half Price and Option Back?
Are there other ways to put deals together that get us around some of the dicey scenarios with real estate and the mortgage industry? We cover a lot of ground in this episode, but an interesting conversation came up about the idea of doing a lease option instead of making a loan. What do you think? In this episode: 01:12 - Invest in yourself. 01:59 - Stay connected to Dawn. 03:02 - Note Deal follow-up: Win-win solution? 04:46 - Foreclosure snag - On title with unwanted property! 09:35 - Disguised mortgage strategy concerns. 19:22 - Asset climate: Dicey? 24:51 - Lender vs. landlord debate. 25:30 - Banks recovering unloaned money. 27:33 - Are mom and pop investors safe carrying paper on their properties? 30:09 - Why isn't owner financing more common? 32:27 - Choosing a good servicing company. 38:55 - Avoid note investing pitfalls - Trust Deed vs. Mortgage states 40:50 - Judicial truncation for vacant properties? 41:41 - Illinois contract for deed - convert to owner financing? 51:35 - Closing reminders for seller financing.
Owner Financing & Note Investing Podcast with Dawn Rickabaugh · Dawn Rickabaugh, Note Queen
Audio is streamed directly from the publisher (media.transistor.fm) as published in their RSS feed. Play Podcasts does not host this file. Rights-holders can request removal through the copyright & takedown page.
Show Notes
Are there other ways to put deals together that get us around some of the dicey scenarios with real estate and the mortgage industry? We cover a lot of ground in this episode, but an interesting conversation came up about the idea of doing a lease option instead of making a loan. What do you think?
In this episode:
01:12 - Invest in yourself. 01:59 - Stay connected to Dawn. 03:02 - Note Deal follow-up: Win-win solution? 04:46 - Foreclosure snag - On title with unwanted property! 09:35 - Disguised mortgage strategy concerns. 19:22 - Asset climate: Dicey? 24:51 - Lender vs. landlord debate. 25:30 - Banks recovering unloaned money. 27:33 - Are mom and pop investors safe carrying paper on their properties? 30:09 - Why isn't owner financing more common? 32:27 - Choosing a good servicing company. 38:55 - Avoid note investing pitfalls - Trust Deed vs. Mortgage states 40:50 - Judicial truncation for vacant properties? 41:41 - Illinois contract for deed - convert to owner financing? 51:35 - Closing reminders for seller financing.