How Do You Find Quality Real Estate Notes?

My favorite Bible quote is, “Give a man a fish and he eats for a day, teach a man to fish and he eats for a lifetime.”  My Father taught me how to fish at an early age, and taught me so well and inspired so much passion in me that, it is the only thing I have ever beat him at!

Finding a steady supply of quality notes is the life blood of a note buyers / brokers business.

As a note broker and principle buyer, I am often asked,” how do I find quality real estate notes?”   There are many ways to find notes.  You can network with professionals in fields that are likely to come into contact with notes such as real estate attorneys, accountants, developers, lenders, home dealers, rehabbers, investors and other note brokers and note buyers, etc.  You can also go to the courthouse and research the property files in search for evidence of seller financing.  Talk to the local real estate and landlord clubs.  Look for multiple advertisements offering Seller Financing in the local Thrifty Nickel.  You can buy mortgage note leads from companies that provide leads to note buyers and brokers alike.  You then market to these folks by dropping in, cold calling or sending post cards, emails or newsletters.

In my opinion this is the long hard way to go about getting business but, it is a part of what has to get done.  The real trick to this game is to have the staying power and persistence to keep your name in front of these folks for long enough until they have a need for your services.  It doesn’t just happen overnight and, not everyone that is holding a note wants to sell at this moment.  The old saying holds true, “out of sight-out of mind”.  By far the best sources for notes are folks that create them, hold them or buy and sell them as part of their everyday business.  Once you have done a good job with a professional seller they are most likely to come back to you the next time they are looking to sell!

Here is a Little Secret to Find More Quality Notes Than You Will Ever Have the Time to Market to for less than a dollar a lead!  The best situation to find yourself in is where the note holder is the one calling YOU looking for cash now in trade for the small monthly payments on their note.  Now you can have easy access to customized lists and contact information for note holders delivered right to your e-mail.  The note holder lists can be sorted by original balance, equity, area of the country, etc.  There are 2 companies that we suggest checking out that have all the note holders leads you need.

1.  Advanced Seller Data Services This site also offers a lot of great information on how to advertise to note sellers.   

2.  Experian Information Solutions, Inc. Note Holder Leads

Chasing folks just because they are holding a note, as mentioned, is the slow way to go.  You need to get your name out there to in a professional manner that can supply you with the steady note holder leads to keep your phone ringing and e-mailbox full!  In order to do this you need a funding source you can count on and a system that will help you quickly evaluate what notes are saleable what notes are not.

Creative Funding Service, Inc. and Marc Faulkner keep the process simple.

We have the leads if you personally are looking to buy most any kind of note or portfolio for your personal account.  We also work with note brokers nationally.  We specialize in seller financing and can help structure transactions that work for all parties involved.

CFS works with investors looking to offset capital gains, use Self Directed IRA’s effectively, form trusts and 1031 Exchanges and leverage these to create maximum results.  We are looking for a few experienced investors that understand and realize the opportunity that now stands before us and that are ready and able to take action.  Contact us today if you or your investment company would like to start a profitable relationship.

If you need information or would like to discuss your options with a Self Directed IRA please do not hesitate to contact me personally.  We are always looking to network with individuals, trusts, SDIAS’s, non profits, Hedge Funds, private equity companies, and other entities looking for above average returns.  CFS has been in leader in the seller financed note business since 1999.  Call us today to start a profitable relationship.

Back to Note Brokers Back Office      CONTACT: Creative Financial Solutions by Clicking on this link! 

Sincerely,

Marc Faulkner
www.CreativeFundingService.com
Phone                (269)353-9238        
Quick Service Since 1999