"Note
Buying may be
the
last refuge for smart RE investors looking for an edge in today's
hyper-competitive market."
If you're looking for a way to
make serious money and build a real estate business without having to
become a landlord, rehab houses, or constantly chase short sale deals,
keep reading to find out how I systematically buy the notes
(mortgages) that sit behind actual properties and then quickly exit
these deals in any one of six different ways.
First, congratulations
on
finding
your way to this page. You're already ahead of 95% of other RE
investors out there who don't even know about the profit- and
business-building potential of note buying.
Makes me wonder what
“woke you up” to the
mostly-unknown but incredibly lucrative opportunity to invest in
defaulted bank notes... (I'll tell you my own "wake up" story down
below.)
- Maybe
you were reading about
the never-ending waves of foreclosures
that keep hitting the market, and you realized that behind every
foreclosure must be a mortgage, and that maybe, just maybe, the banks
holding these notes might want to get them off their books, quickly, at
a discount, to spare themselves the hassle of
foreclosing…
- Maybe you noticed that smart
hedge funds are quietly snapping up these
defaulted mortgages as quickly as they can buy them…
- Maybe
you stumbled on the
fact that in the past year alone over ten
online exchanges have popped up to enable the direct buying and selling
of
bank notes (hmm, must be something going on
there…)
- Maybe you even saw something
about how individual investors are getting
into the notes game in a big way, and you’ve learned from
experience that the best money is in the early stages of any
opportunity…
- Or
maybe you’re
a burned-out real estate investor
who’s sick of the paperwork and hassle involved in every
short sale or rehab deal, and you like the idea of short-circuiting the
whole process by just buying the note itself (with a single
document)…
- Or quite possibly, your main
business (in real estate, loan
origination, financial services, tech, whatever…)
isn’t providing you the stability, satisfaction, and income
you expect, and you’re looking for a new source of
income…
Welcome
to the Great Recession (or is it?)
No one needs to tell you that the commercial and residential real
estate market has crashed and burned in the last three years. You've
seen the statistics
about tightened credit markets, falling home
values,
underwater borrowers, and rising unemployment and consumer
bankruptcies--all because the pricing bubble finally popped. On an
individual level, and maybe even for you, this mess created real pain
and suffering.
But
if you can step back a little and look at the overall situation,
what you see may surprise you...
In fact, if you look at this "disaster" the way I do, you might see
that this is one of the
best
opportunities to build real wealth
we've seen in a generation.
"For
me, with listening to a couple calls with Dean and reading the website
material,
I jumped right in with both feet running, bought four notes,
turned a profit of $49K in
45 days--and used my money on
only one deal…
This is gonna be fun!"
Stan Pophal, WI
Disclaimer: The FTC requires that we disclose any material
connection we may have with anyone who provides testimonials or
comments (endorser) regarding our website, our products or services. We
do NOT have Material Connections with endorsers. We do NOT pay fees or
provide free promotional materials or benefits to endorsers. We do NOT
independently verify, nor do we seek independent verification of claims
made by endorsers; however, to the best of our knowledge we believe
they are giving their honest opinions. Click
here
for a complete disclaimer, including expected results
The
banks are hurting, and the
“bailout” days are over.
Now, you
(yes, you!) are their best hope.
Most banks are sitting on a mountain of bad mortgages they would love
to get rid of. Take a look at this graph below, from a report in
January, 2010 from mortgage giant Fannie Mae – which accounts
for about 45% of all mortgages in the United States, alongside its
fellow agency Freddie Mac. Notice that the graph is practically
“off the charts” as it shows the serious
delinquency rates (mortgages that are over 3 months past due) for
single family homes in the US. This is no laughing matter –
and if this is what the mortgage giants are reporting, you can well
imagine
how banks of all shapes and sizes are seeing the exact same
trends.
They're stuck with bad loans they can't service--and
they
want them off their books and off the desks of their over-worked
“loss mitigation” clerks.
I hear you asking, "So how does this actually work? Do banks really
sell these bad loans to
private investors?"
The answer is Yes! As a note investor, that's what I do: I buy bad
mortgages (where the borrower has stopped
paying) at steep discounts directly from banks. Then, I use one of six
profitable exit strategies to cash out of my investment.
"But Dean, why would the banks sell to me as a private individual?"
It’s simple. They’re just not in the business of
managing property, and despite what you may have heard, they really do
hate having to foreclose because of the expense, time, and bad press
involved.
And here's the
kicker:
Since there still aren't enough big hedge
funds out there to buy
up all of these bad notes—and the Fed no longer seems
interested— individual investors like you are the
banks’ last, best hope.
Before
we go deeper, let's look at five actual deals,
all from the past few
months, all deals where I purchased lower-balance notes directly from
banks...
Case Study
#1: Memphis, TN (REO exit)
Quick Stats:
Initial
investment: $500 for a $32,833 1st mortgage
Net profit after expenses: $5,600
Total
hold time: about 150 days
In late 2009 I bought one
of these bad notes, secured by this house in
Memphis, Tennessee, for $500...yes, $500! (By the way, I really like
buying lower-balance notes because we don't risk as much money on a
single investment, and the payoffs
can be excellent—and for beginners, this is a great
way to get started
without much cash.)
We soon found out that the son of the borrower was living in the house,
and we did a $1,000 “cash-for-deed” deal with him
that left the house vacant and in our possession. We immediately listed
the house for sale, and in less than 60 days the house sold for $9,000,
netting us just over $8,200 in proceeds.
Wow!
A $5,600 profit on a
$500 note! Tell me more!
Disclaimer:
the FTC mandates that all case studies like this
be clearly labeled as “atypical” because they
rightfully don’t want us to
suggest that every deal, every time, works
out this well. Just remember
this: there’s
no such thing as a typical note
deal. Results depend, among
other things, on the quality of information
received before the note purchase, the actual pricing, the degree of
cooperation provided by the borrower, local market conditions, luck,
and
possible legal factors such as bankruptcy. You may actually lose money
buying notes. Click
here
for a full disclaimer.
Case Study #2: Cave
City, KY (Re-fi exit)
Quick Stats:
Initial
investment: $1,200 for a $12,000 2nd mortgage
Total profit after expenses: $11,200
Total hold time: about 60 days
We purchased this 2
nd
position note for $1,200 on November 9, 2009 on an
owner-occupied house in Cave City, KY. The unpaid balance of the note
was $12,000, the balance of the 1st mortgage was about
$15,000, and the house was worth about $35,000.
Since it was right
around the Holidays, we didn’t do anything
with this deal
for several weeks other than inform the borrower that we were the new
investor on the note.
Then
on January 6th, our
servicer emailed to tell us that the borrower had paid the note in full
as
part of a re-fi on December 24th.
OK,
that was easy...
That's a quick $11,200 profit
on a $1,200 note purchase.
Disclaimer:
the FTC mandates that all case studies like this
be clearly labeled as “atypical” because they
rightfully don’t want us to
suggest that every deal, every time, works out this well. Just remember
this: there’s
no such thing as a typical note
deal. Results depend, among
other things, on the quality of information
received before the note purchase, the actual pricing, the degree of
cooperation provided by the borrower, local market conditions, luck,
and
possible legal factors such as bankruptcy. You
may actually lose money buying notes. Click
here
for a full disclaimer.
Case Study
#3: Clovis, NM (another REO exit)
Quick Stats:
Initial
investment: $3,125 for a $62,000 1st mortgage
Net profit after expenses: $9,000
Total hold time: about 75 days
Here’s a deal from January, 2010. We bought a note
secured by a vacant house
in Clovis, NM, for $3,125 on an unpaid balance of $62,000. Within 5
days
of receiving a letter from our servicer, the borrower called us to say,
“I don’t
want anything to do with this house; please just take it off my
hands.”
So, we set up a meeting with him, sent a mobile notary to document that
he was
signing over the deed to us, and he’s happy because we just
helped him get rid
of his headache. Bottom line: the borrower signed over the deed 2 days
after he
called us.
In cases like this, we sometimes offer a "cash for keys" payment to a
borrower to
encourage him/her to sign over the deed, but in this case, all he
wanted in
exchange for the deed was our assurance that we wouldn’t take
further action
against him. Done.
Oh,
and during that meeting with the notary, the borrower
mentioned that his neighbor might want to buy the house. We then
contacted the
neighbor, who offered $13,000 on the spot, and we countered with
$15,000, which he accepted. We closed within 30 days. Total
hold time: less than 90 days
That's a $9,000
profit on a $3,125 note purchase.
Disclaimer:
the FTC mandates that all case studies like this
be clearly labeled as “atypical” because they
rightfully don’t want us to
suggest that every deal, every time, works out this well. Just remember
this: there's
no such thing as a typical note
deal. Results depend, among
other things, on the quality of information
received before the note purchase, the actual pricing, the degree of
cooperation provided by the borrower, local market conditions, luck,
and
possible legal factors such as bankruptcy. You
may actually lose money buying notes. Click
here
for a full disclaimer.
Case Study #4: Fort
Worth, TX (Short Sale exit)
Quick Stats:
Initial
investment: $23,500
Net profit after expenses: $7,500
Total hold time: about 50 days
Here's one more example of a simple deal: We purchased a note
for $23,500 on February 5th, 2010 that was secured by a house in Fort
Worth, TX. The interesting thing about the deal (that we discovered
AFTER we bought the note) was that there was a lender-authorized short
sale already in progress. We decided to honor the terms of the short
sale, and we cashed out of the note in less than 60 days when the
property was sold for $31,000.
This
wasn't a huge deal,
but the nice thing about the $7,500 profit was that it was
quick and easy.
Disclaimer:
the FTC mandates that all case studies like this
be clearly labeled as “atypical” because they
rightfully don’t want us to
suggest that every deal, every time, works out this well. Just remember
this: there's
no such thing as a typical note
deal. Results depend, among
other things, on the quality of information
received before the note purchase, the actual pricing, the degree of
cooperation provided by the borrower, local market conditions, luck,
and
possible legal factors such as bankruptcy. You
may actually lose money buying notes. Click
here
for a full disclaimer.
Case Study
#5: Oakland, CA (Direct Sale of Note to Foreclosure Auction
Buyer)
Quick Stats:
Initial
investment: $7,000 purchase of a $302,000 1st mortgage
Net profit after expenses: $15,000
Total hold time: about 30 days
A
final example to mention is one with exciting implications for note
buyers. We purchased this note on December 15th, 2009, secured by
this "ugly" house in Oakland, CA. Since Oakland is a hotbed of
auction buying, we did a little research and contacted the "usual
suspects" at the local Alameda County auctions, asking them if they
were
interested in buying the note on a vacant house that was headed to
auction. One was, and we closed on January 14th, tripling our money in
30 days.
Disclaimer:
the FTC mandates that all case studies like this
be clearly labeled as “atypical” because they
rightfully don’t want us to
suggest that every deal, every time, works out this well. Just remember
this: there's
no such thing as a typical note
deal. Results depend, among
other things, on the quality of information
received before the note purchase, the actual pricing, the degree of
cooperation provided by the borrower, local market conditions, luck,
and
possible legal factors such as bankruptcy. You
may actually lose money buying notes. Click
here
for a full disclaimer.
Small upfront investments, nice profits, multiple exit
possibilities… maybe you’re starting to see why
investing in notes is so hot…
I hope
you can see that buying the note is just the
beginning. The “fun” part happens when we look at
the specific situation of the
note and decide which of the 5 or 6 exit strategies are best. Sometimes
the borrower is able to make payments and we work with them to modify
the terms of the loan; sometimes we take
back properties (with or without having to foreclose) and sell them as
REOs,
sometimes we get cashed out in a re-fi, sometimes we exit (profitably)
via a
short sale, and sometimes we sell the note to another
investor.
That’s
right. There are lots of ways to make money in this
crazy real estate market, but why notes? (and not short sales, rehabs,
buying at
auction…)
Here is the absolutely key
reason why notes appeal to me…
Listen
carefully: this may be the
most important thing to
understand about the difference between note buying and most other RE
investment strategies:
Buying
notes may be the best
way to build a scalable
business,
with virtually unlimited
deal flow (remember those
desperate banks?!). All
you need is a single relationship with a note seller and he'll send you
deal after deal after deal....
That’s more than a good deal. That's a good business.
The
thing I dislike most about so-called real estate
“business models” is that you have to start over
with each deal. But hey, if
you’re a “deal junkie,” that may sound
good.
Not me. I like building long-term relationships with individual banks
so that
I’ve got a continuous supply of deals coming my way.
Here's
why I love the notes business:
- The notes business can be
WAY easier than chasing straight short
sales or REOs because you often don't
have to deal with an anxious borrower and a foot-dragging bank in the
transaction, and you only need a
single document to close the deal. (Plus, you can strengthen your other
RE businesses by working the note while you work the short sale or REO
deal).
- You don't need a lot of
money to get some great deals. There are plenty of low-balance notes
like the ones up above. (Remember the $500 Memphis note?)
- You don't even need your own
money. It's not that difficult to convince private investors to buy
from you or
fund your deals for you.
- It's a "pajamas" business in
that you can do the due diligence,
buying, management, and exiting from a home office without even having
to see the properties. (I didn't even go look at the Oakland house even
though I live in San Francisco. No need.)
- You can do this part-time
from your kitchen table, but when you're ready to scale, this business
can be broken down to its parts and you can inexpensively
outsource servicing and due diligence so you just focus
on managing the assets in
your portfolio.
If
you’re still reading, you must have a hunch that this
business could work for you, too. Since everyone asks me, let me tell
you how I got involved with notes.
OK, as promised, here's my
"wake-up" story of how I discovered this
"secret" world of underground profits that can grow into a systematic
RE business.
Six years ago, my day job was working at a big Wall Street bank. But
deep down, I wanted to go out on my own, and so I started to do some
small deals in real estate on the side, hoping to make enough money to
prove to myself and my wife that I could make it as an investor. I
tried buying foreclosures at auction, did a few short sales, and even
made a little money.
But somehow, every time I took one step forward, I slipped back two
steps. Deal flow was erratic, banks were hard to deal with, buyers and
sellers were flakes, and I felt like a rat on a wheel.
In fact, I started to be afraid I'd be stuck in that cubicle the rest
of my life, just getting by. I don't know if you've ever had the
feeling of being ready to "roll over," but I can tell you that it's no
fun. (And my wife was even starting to wonder whether this hotshot she
had married was really going to give her the life he had promised.)
The
$96,500 deal that changed everything...
But--I didn't give up.
And here's what made the difference. By late 2005 I had gotten
interested in buying bank notes rather than the actual property that
secures them because I was burned out chasing short sales and trying to
buy at auction in my spare time. I loved the idea that with bank notes
I didn't have to deal with psychotic sellers, finicky buyers,
unresponsive banks, and a complicated, time-consuming paper trail.
And then one day as I was researching the notes secured by a property
in Oakland, California that was going to foreclosure, the second
mortgage caught my eye. After some negotiation, I ended up buying the
note from the bank holding it. The face value of the note was
$150,000--but I bought it for $23,500!
And get this: I sold that note just over 30 days later for $120,000.
That's
a $96,500 profit in less than a month!
As you can guess, this deal was a huge breakthrough for me, and I can
tell you that it gave me the courage to quit my job and leave my
cubicle behind forever.
Disclaimer:
the FTC mandates that all case studies like this
be clearly labeled as “atypical” because they
rightfully don’t want us to
suggest that every deal, every time, works out this well. Just remember
this: there's
no such thing as a typical note
deal. Results depend, among
other things, on the quality of information
received before the note purchase, the actual pricing, the degree of
cooperation provided by the borrower, local market conditions, luck,
and
possible legal factors such as bankruptcy. You
may actually lose money buying notes. Click
here
for a full disclaimer.
Over the next few years, I did deal after deal like this one
(including some in which I lost money - yes it happens, so you have to
learn how to invest carefully!). In
fact, I've now personally bought and either sold or closed out of 140
notes worth many millions of dollars. And yes, in true "guru" style,
this might be a good time to flash a bunch of checks at you and show
you pictures of my sexy Italian (or German, or British) car.
But flashy cars and bragging about my bank account are just not my
style.
I'll tell you this though. My note investments have let me quit my
corporate job, live in the greatest city in the world (San Francisco)
in a great house in a great neighborhood, and send my kids to the best
schools. Investing in notes has given me the financial freedom and
independence I've always wanted.
Look, it comes down to this: if you're looking for promises about quick
and easy money that magically appears in your bank account, you can
stop reading here. If, on the other hand, you want to find a way to
build wealth rapidly by working hard, being smart enough to see a
once-in-a-lifetime opportunity, and you're willing to do whatever it
takes to achieve a life of wealth and freedom, then read on.
"But Dean,
I'm not a banker. Could I do this, too?"
Yes, you can do this, too. Remember, I don't have super powers, after
all. I just have
a
SUPER SYSTEM.
See, what made it possible for me to really scale this business was
building a
system that
can churn these deals out like clockwork, which means I can do more
deals, with greater confidence, more quickly.
Once
I started doing lots of these deals, I figured out that they
always involved the same four steps.
1. Pricing (knowing how much to pay for a note)
2. Buying (knowing how to negotiate a deal)
3. Profiting (knowing how to exit and profit from a note deal)
4. Finding (knowing how to consistently and easily find fresh deals)
Get
these right, and you're
golden! (Screw up any one of them, and you're in trouble.)
This isn't Rocket Science...
But there are some "secrets" that make your life easier and your bank
account fatter. What I've done is break down the whole process of
finding, pricing, buying and exiting from a note deal into a set of
processes that can be repeated over and over. I also created detailed
checklists for each step of the way to make sure that nothing gets
overlooked.
I love systems like this that keep me organized and focused--and that
make me more money, so what was really gratifying to me was that when I
started sharing my system with a few select people, they were able to
get the same (or better) results.
But people kept bugging me to learn more about what I do, so I finally
decided to give in, put together a complete training course, and share
my whole system. Believe me, following these same exact processes that
use every day can easily shave YEARS off of your learning curves, while
avoiding tons of costly mistakes that I made.
If you follow the step-by-step guidelines I lay out for you, this could
be the perfect sideline--or fulltime career. Whether you want a steady
source of cash flow or want to get in and cash out quickly, my system
works.
Plus, since it's about a $600 BILLION market, I think there may be room
for all of us...
Yes, the System Works.
Just ask Gerald, who has bought eight notes since getting my training
course and is also buying notes together with other investors...
NBP is the best course
out there...
"I
started out buying REO’s from a lender, here in SoCal, that a
lot
of you know (the Big Gorilla). Trevor, the Asset Manager that I was
working with,
kept mentioning notes to me, and telling me that a lot of the investors
preferred notes to REO’s. I wasn’t at all familiar
with the business of
buying notes and wasn’t comfortable with it. A few months
later Dean
spoke at a reunion that I went to for students of Ward Hannigan, a
local
foreclosure expert.
I bought the NBP
course
and started using it.
I bought my first note from
Steve, an Asset Manager with this lender in May,
2009. It was a 1st trust deed on a house in Ontario, CA that I bought
for $155k. It was already in foreclosure so I continued the process and
took the house back a few weeks later. I rehabbed it and sold it for
$218k. My
net profit was about $25k in 75 days.
Since then I’ve
bought about eight notes and have been very happy
with the note buying business. I flipped one note to Sandy, a fellow
investor, and I’m working with some other investors that are
willing to
put the money up, if I find the notes and manage them.
Dean’s
course really lays it out in a very thorough and easy to
follow manner. I’ve had
numerous conversations with Dean, [and his coaches] Kevin and
Spencer, and they’ve been extremely helpful and generous with
their
time. NBP is the best course
out there for
anyone wanting to get into
the note buying business or for experienced note buyers that want to
increase their knowledge and expertise."
- Gerald Lemoine, CA
Revest, LLC
Just ask John, who has grown his note buying investments up into a
fulltime business...
"Excellent!"
"Your materials are well organized and offer me excellent preparation
for the note buying business. You provide a systematic approach and
your suite of tools is invaluable."
- John Martin, CA
Ancona Systems, Inc.
Or ask Chris, who is raising a fund to target defaulted notes...
"I fully endorse this
program."
"The course has been an absolutely wonderful learning and networking
experience.
Not only have I been able to make connections
we numerous
individual investors and note buyers throughout the United States, I
have been able to receive some of the best education and mentorship in
the industry today.
This network and
program has allowed me to have strategic advantages over others within
the industry. If you are an individual investor, transactional
investor, real estate investor or institutional investor in the
distressed asset space or just looking into the space of the dislocated
mortgage and real estate market, you will gain tremendous knowledge not
found anywhere else. What you will learn, the experience you will gain
and the connections you will make are paramount.
I fully endorse this
program and its excellent staff or instructors, mentors and support
personnel."
- Chris Smith, CA
Ivy Street Capital Management
Or ask Claudio, who bought his first notes in 2009 but who now works
his note buying business fulltime...
"Dean [is] priceless to me."
"Yes,
since I stumbled upon Dean's course and I decided to
fully dedicate my time in buying discounted mortgage backed notes, I
realized that this fascinating little known area where real estate
meets finance is rather simple and straight forward. Simple yes, but
certainly not easy!
The core of the business can be thought and can be learned by anybody.
I call it the "Paper" side. Here you will learn all kinds of business
terminology, how to look at documents, what should raise a flag, what
to look for etc. etc. This is the part where you literally learn how to
look at paper.
Once you follow the right teachings, once you listen to what experts
and proven track record gurus have to say about this business
it’s when you realize that we do live in a fantastic period
of time. Everything can be and is at your fingertips. Anything can be
done from your computer, from the phone. Your risk is minimized by
accurate tools and attentive due diligence.
What the course has done for me is that it has given
me confidence. That’s it. And believe me that is a
lot.
Dean [and NBP Coaches] Kevin and Mike are priceless to me and to
my new business venture.
Thank you, guys.
Claudio Coronella, FL
C.E., Inc.
Disclaimer: The FTC
requires that we disclose any material
connection we
may have with anyone who provides testimonials
or comments (endorser) regarding our website, our products or services.
We do NOThave Material Connections with endorsers. We do NOT pay fees
or provide
free promotional materials or benefits to endorsers. We do NOT
independently verify, nor do we seek independent verification of claims
made by endorsers; however, to the best of our knowledge we believe
they are giving their honest opinions.
Click
here for a complete
disclaimer, including expected results.
Get the picture? Even though I'm a note investor, not a trained
teacher, over the past
few years, I've taught hundreds of people how to profit
from notes using this system.
What's my secret? I simply
figured out
that (just like with note buying) people
need a good system to learn the
notes business quickly and well.
So that's what I built. The recipe for success as a beginning note
buyer
is to have these three things:
- affordable
step-by-step training that
lets you quickly and easily master the basic components of note
investing
- a way to get into the game without
much money of your own
- a full suite of documents,
checklists, and tools that
you can use on your first deal--and on a 7-figure pool of notes
If
you have these, you'll be confident enough to strike out on your own
and get started fast.
OK,
here's what I've got for you...
I call it the "Note Profits System."
- A DVD-based training
system broken down into easy-to-follow, step-by-step lessons.
You can't get this kind of "Notes Ninja" training anywhere else, and I
made each lesson crystal-clear for you so you get up to speed
quickly. (a
$1997 value)
- A Roadmap ACTION
Guide that shows you how to put the training into ACTION. The Roadmap
comes with concrete goals, timetables, practice exercises and a
complete Resources list. (a $497 value)
- Detailed checklists
for each of the key steps in a note deal. Having these checklists at
your fingertips will give you confidence that you're doing things right
from the first, and these checklists are great for using with staff or
outsourcers when you're ready to hand off parts of the process to other
people on your team. (a $397 value)
- The complete set of
"battle-tested" documents I use every day to run my note
business. It
would cost you thousands of dollars in attorney's fees and tons of
aggravation to figure this out yourself. (a $497 value).
- "How to Raise Money" and
"How to Calculate Returns" toolkits and training. Exactly what I used
to raise $350,000 from private investors to fund a round of note
purchases. (a $597 value)
And
here's how the Note Profits System training is structured:
 |
Note
Profits System Module 1: Pricing
You know the saying, "You make money when you buy, not when you sell"?
It's definitely true for note investments. Learn the in's and out's of
AVMs, BPOs, reviewing comps, checking title reports and tax
records for "gotchas," how to get "color" on a note, how to
assess the time and expense involved in a foreclosure, an overview of
the 5 exit strategies, and much, much more. |
 |
Note
Profits System Module 2: Negotiating
and Buying
You'll learn how to sound like a pro when you talk to a seller, the art
and science of negotiating so you can get the best price from a seller,
and what you want to negotiate in order to maximize your profit using
the "small print" in your purchase and sale agreement. After all, it's
all about profit. |
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Note
Profits System Module 3: Managing,
Exiting, Profiting
There are 5 exit strategies you'll pursue in your business--this
provides an intro to each of them, and some excellent case studies to
guide you along. You'll learn how to cash out with a re-fi, how to "be
the bank" and how to control your own short sale! |
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Note
Profits System Module 4: Finding Deals
This is where it all comes together: what are the 4 sources of note
deals and how do you decide which is best for you? How do you make an
unsolicited offer, how do you use a broker, and how do you talk to
banks using their own language? You'll learn how to build relationships
with sellers so they keep sending you deal after deal after deal. |
All-in-all,
the training and tools I've put together for you add up to a $3,985
value.
(but don't worry, it won't
cost you nearly that much)
This complete training and support system is all you need to get
started fast profiting from notes. I'm giving you my best stuff here,
and I'm setting you up with everything you need to launch a profitable
side business or a full-blown career. What's that worth to you?
The choice is yours. I know there are lots of options out there, and
you're probably getting pulled in several directions already. But this
opportunity is unique--and it won't be around forever.
If you're tired of struggling to make your current business work--and
if you want an "under the radar" opportunity that's not already
over-crowded with competitors, this is it.
You
want even more? How about this?
- Bonus #1 - A special A
digital copy of
my new book, "Profiting from
Discounted Bank Notes: Under the Radar Techniques for Profiting from
the Mortgage Meltdown" (a $47
value)
- Bonus #2 - Access to a
private training called "How to Launch into Note Buying" that provides
insight into one way to get immediate access to
ready-made notes from a seller I call "The Big Gorilla." (a $97 value)
- Bonus #3 - Optional 30-day
access to over 50 hours of Members-Only training in
my
"Special Training Archive." There you'll find case studies, interviews
with industry pros, special topic sessions, and more. It's truly a note
buyer's treasure trove. (a $97 value, and if you decide you want to
continue to have
access to the trainings, it's only $97 a month after 30 days.)
What I've shown you today is one of the best money-making and
business-building opportunities we've seen in decades. This is where
the smart hedge fund managers are investing. But you can, too, if you
let me show you how.
And don't worry. You're covered by a "no-hassle" 30-day guarantee. Try
my system for a full month. If it doesn't work for you for any reason,
you'll
get a 100% refund, no questions asked.
To
your success,
Dean
Engle
San Francisco, CA
P.S.
I'm currently offering a special "financing" package for the training,
but this deal won't be around forever.
Click
here now to make sure you get the special price and the Bonus packages.
P.P.S.
Worry-free,
100% satisfaction guarantee Try
my system for a FULL 30 DAYS. That's right--you've got a full month to
put this system to work, and then, if you still don't think that this
could be a serious income stream for you worth many times your
investment,
just let me know, and I'll issue an immediate, full refund, no
questions asked--and no hard feelings.
I
believe in this system. It's exactly what I use every day in
my own
note business, and that's why I stand behind it. Try it for yourself
and see if this strategy of
leveraging the pain of the big banks can work for you.
Dean
Engle is a national expert in buying defaulted bank notes whose
insights into note investing have
been featured in:
NY Times, ABC News, MSNBC, Business Week, USA Today, International
Business Times and more.
As seen in:
What are people saying about
Dean?
"I've been in real estate 15 years, mainly buying on the steps [and]
I'm really excited about Note Buying..."
- Raj Patel, Rio Vista Capital, NJ, speaking about his
experiences working with Dean (recorded March, 2010)
"...amazing...so logical and well thought-out"
- Kathryn Bishop, CA, speaking about her experience learning
about notes (recorded March, 2010)
"Dean is an exceptional teacher."
- Samuel Jubert, NY
(recorded March, 2010)
"It's been a launching pad for me to establish my fund and move
full-force into [the Note Buying] arena..."
Steve Mancilla, AZ, speaking about
his experience at Dean's Note Summit (recorded March, 2010)
"It's an excellent opportunity..."
- Debora Jackson, Hope Property Group, MA, speaking about her
experience at Dean's Note Summit (recorded March, 2010)
Disclaimer: The FTC
requires that we disclose any material
connection we
may have with anyone who provides testimonials
or comments (endorser) regarding our website, our products or services.
We do NOThave Material Connections with endorsers. We do NOT pay fees
or provide
free promotional materials or benefits to endorsers. We do NOT
independently verify, nor do we seek independent verification of claims
made by endorsers; however, to the best of our knowledge we believe
they are giving their honest opinions.
Click
here for a complete
disclaimer, including expected results.
