Another way to profit in the note business is with Non-Performing notes. These are Promissory Notes secured by real estate with a Mortgage or Deed of Trust against a house. But the borrower is not paying. Donna Bauer Explains in this short video how to make money with a Non-Performing Note.
- Flipping the Note
- Getting the Borrower Paying Again
- Modifying the Note to Get the Borrower to Pay
- Getting the Borrower to Deed the House Back
- Foreclosing on the House
So whether you want to use the defaulted note as a backdoor method of acquiring properties at huge discounts or “rehab” the borrower so to speak so they start paying you again, or even just flip for quick cash, Donna Bauer is going to be sharing the basics on Saturday, February 10th on our Virtual Workshop. Take a minute to register to attend a live virtual event or to get the replay after (or both).
