Real Estate Note Buyers and Seller Carry Consultants
The following article was in Dr Housing Bubble. I found it to be very enlightening. The Forbearance Tsunami: 4.7 million mortgages are now in forbearance with an unpaid principal of $1 trillion. Let us clear something up regarding the last financial crisis with housing at the center of the market
In March of 2020 Capstone sent letters to 10 borowers to determine if offered a slight discount, would they be interested and able to pay of their mortage. 3 replied yes. They were thrilled. It was a win for the home owner–to own their home outright. It was a win
Our next NOTE INVESTORS FORUM Virtual Meetup is May 13th and you can register now! They are informative and also help identify market opportunities along with solving challenges and avoiding key blind spots we will be facing! Register here for May 13th Zoom Meet Up This Wednesday: AMERICA IS NOW OPEN FOR BUSINESS……NOW WHAT? Special panel of seasoned note and
I had the distinct peasure to be a guest on the Podcast–Passive Wealth Stratagies for Busy Professionals hosted by Taylor Loht. Click here for the transcript
Capstone recently purchased several low balance Contract for Deeds and sold 3 small partials which were tagged “Partials For Beginners”. They were sold before all of the COVID-19 mess. This is a situation that evolved truly by accident. The variables were such a new investor could make that big decision
Paul Birkett of Automation Finance is a really sharp note investor from NYC. Paul has a large capital fund that specializes in the 2nd mortgage space. I met Paul a few years ago at the Phoenix IMN Conferance and we have been on several of the same presenting panels. In
Fantastic article. Wow, great insight by a man of wisdom. A guy in his mid-90’s who has seen it all–Charlie Munger of Berkshire Hathaway. “I don’t think we’ll have a long-lasting Great Depression…. But we may have a different kind of a mess. All this money-printing may start
Scott Teerink is a seasoned Phoenix investor with 20+ years of experience. He also does consulting work with one of the largest real estate development firms in the Southwest with a large focuse on 55+ communities, development & construction plus retail and office in Arizona, California and Texas. He brings