http://notebuyingprofits.com/blog Real-Life, Up-to-Date Training to Profit from Defaulted Mortgages Fri, 02 Jan 2009 18:06:56 +0000 http://backend.userland.com/rss092 en On How to buy Real Estate Notes: Here's a little primer on what to expect once you've bought your first nonperforming note. Take a look at the video below and you'll get a brief overview of the documents that can be included when you buy a note. And even if you don't get everything that you'd ... http://notebuyingprofits.com/blog/422/how-to-buy-real-estate-notes-i-bought-a-non-performing-note-now-what/ On Bankruptcy and Finding Notes: A story about a stalking horse... I recently learned what it means to be a "stalking horse bidder". It's like being both in pole position in the Indy 500, as well as in the rear of pack, at the same time. If you were to be a stalking horse bidder, ... http://notebuyingprofits.com/blog/410/finding-notes-for-one-on-bankruptcy-and-finding-notes/ On how to buy notes: "Can I get some distressed loans with my bonus, please?" Credit Suisse (CSFB) just announced that it was going to pay its execs' bonus compensation from a pool of non-performing assets on their balance sheet ($5 Billion was the initial amount indicated). Now this is an interesting concept - ... http://notebuyingprofits.com/blog/399/how-to-buy-notes-can-i-get-some-distressed-loans-with-my-bonus-please/ On buying discounted Real Estate Notes (aka Buying Notes aka Buying Defaulted Mortgages...): Here's something valuable & inspiring for you. As much as I can tell you about my own note buying successes... I believe it is actually a lot more powerful and 'real' for you when I share other NoteBuyingProfits Students' success stories with ... http://notebuyingprofits.com/blog/376/buying-discounted-real-estate-notes-student-success-story-replay/ On how to find Notes: $2,000 for a $297 per month cash flow. [Who said you can only buy POOLS of notes? Who said you need a lot of m.oney to do this?] Now that's what I like to hear. This is what Rick, a www.NoteBuyingProfits.com Student, is receiving on the very first non performing note he ... http://notebuyingprofits.com/blog/346/how-to-find-notes-2000-for-a-297-per-month-cash-flow/ On How to Find Notes: Do you remember that 1981 hit from Men at Work called "Land Down Under?" (OK, so I was a big Men-at-Work fan, I admit.) Well, what made me think about it was this email that I just received from a Korean by the name of "Joe" (that's what he goes by, ... http://notebuyingprofits.com/blog/315/how-to-find-notes-do-you-speak-a-my-language/ On how to buy notes & researching title: I hope you enjoyed your turkey on Thursday! If you are following along in our 8-part Webinar Series on how to get you jumpstarted to buying your first note as part of the Private Access Club (PAC) (f.ree 30-day Trial, hint, hint), here's an * * * How-to-Buy-Notes ... http://notebuyingprofits.com/blog/304/how-to-buy-notes-the-case-of-the-hairy-title/ How to buy REOs - Comparing REOs vs. Nonperforming Notes It's a tough choice, I know. And I'm sure some people look at nonperforming notes and say "why would I EVER want to own paper when I can own the real estate for soooo cheap?!" Well, yes. It can be cheap. Well, yes. It is real ... http://notebuyingprofits.com/blog/286/how-to-buy-reos-reos-versus-non-performing-notes/ Loan Modifications... Who took my Non-performing Mortgage? OK, so the word is out, the Doctor is in, and the medicine is ... loan modifications. Specifically, principal write-downs. Interesting. The Hope for Homeowners initiative passed by Congress in July and officially launched a month-and-a-half ago to much acclaim, is a potentially positive FHA insurance ... http://notebuyingprofits.com/blog/271/loan-modifications-who-took-my-non-performing-mortgage/ How to buy Notes- Current Market Update, and Implications for You as a Note Buyer Treasury Secretary Henry Paulson just reversed course on the fabled Troubled Asset Relief Program (TARP) and said that Treasury will no longer plan to buy Troubled Assets. It's a shame, and a mistake. Underlying the current credit and ... http://notebuyingprofits.com/blog/260/how-to-buy-notes-current-market-update/