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How to Find Notes – Finding All the Nonperforming Notes You Want…

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May 23, 2008 by notebuyingprofits.com  
Filed under FAQ, Finding, Newbie Topic, Videos

On How to Find Notes: I get asked all the time ‘But, Dean, how do I find non-performing notes?? Do banks really sell notes to individuals?” One person just told me “hey, I walked into my local bank branch and asked if they had non-performing notes... Continue Reading»»

Note Buying – Not always an Exact Science

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May 23, 2008 by notebuyingprofits.com  
Filed under Real-Life Case Studies, Research

Note buying isn’t always an exact science – it can also involve a little bit of an ART. Here’s an example: I bid a pool of non-performing notes held by a trustee for a bankrupt mortgage company. Two loans were missing collateral files. One... Continue Reading»»

Nonperforming Notes – How to determine the Purchase Price

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Quick note to announce that I just finished “Note Buying Course Step 3, how to determine a purchase price” – for any nonperforming note. [To put in perspective how this fits into the overall note buying game plan, check out this Mind Map.] As... Continue Reading»»

The Defaulted Paper Mill & Bankruptcy

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May 19, 2008 by notebuyingprofits.com  
Filed under Bankruptcy

Floyd Norris over at the NYT carried an interesting piece on a note pool of Merrill Lynch 2nd liens. The loss rate on those 2nd mortgages, originated by OwnIt Mortgage which filed BK in 2006, is estimated to be close to 60% at this point, and the bonds have... Continue Reading»»

  • Testimonials

    "YOU CAN'T FIND THIS INFO ANYWHERE ELSE." Dean's course on “Finding Notes” was instrumental to my success in my sub-group formation and successful note pool purchases. I have to date purchased (with the help of my sub-group members and NBP) over $2.5m in uncollected UPB (Unpaid Principal Balance) on 1st and 2nd position loans since Jan 8 2009! Just learning the language of these bankers/ brokers from Note Buying Profits was my first step in the door... I am a firm believer in sticking with something that works, and Note Buying Profits does work. Whether you are a beginner to note buying or a seasoned RE investor with a track record, your time is well spent reviewing the material that is laid out for you in these conference calls and courses. Having this material at your fingertips will jump you far ahead in the learning curve past other note investors that are out there and keep you current in this ever changing environment on Note Buying. You can't find this info anywhere else.

    Mike Ruscica (New Jersey)

    "THE COURSE IS RICH IN KNOWLEDGE, STRATEGIES, AND PRECISE DIRECTION." Because of the fundamental and solid teaching in your course, I find myself having more than enough non-performing notes to either bid on or broker out to larger investors. I’ve done that with just your basic but valuable info on contacting, knowing what to say and following up. I feel I have come full circle and have put in place a solid business that is more than ripe to take off. Yet that’s not it. Is it the fact that because of your teaching, direction and strategies I am now linked up and working with some very well capitalized buyers to broker the many notes, pools of notes that now come through my email? No, that’s not it either. So, if I must pick one thing then it would have to be the this: It’s the underlying message, very well communicated, to really take serious, immediate and efficient action. The gift was that I completely believed it can be done. The course is rich in knowledge, strategies and precise direction but your ability to create a clear vision about how, if one commits oneself, anything is possible, is where the true value lies.

    William Seminario (Florida)
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