Selling notes in real estate investing
This means you’re selling promissory notes that are secured by real estate that are in either first or second position.
So if you have a first position note for $60,000, and the properties worth $100,000, the loan of value is 60 / 100 or 60%. . This means that if the note pair doesn’t pay you can foreclose and get $100,000 asset. Loan to value or LTV is an important part of real estate investing.
Simultaneous financing
Simultaneous financing is where you sell the property on seller financing as an owner, create a note, and generally quickly within 0 to 6 months sell the note for almost full value, usually taking a site discount.
