Deal Analysis - Note Investing 101

https://www.noteinvestor.com/101

Congrats! Your note seller said yes! Now what? After the thrill of making the deal comes to the reality of validating the facts. Taking time to inventory a collateral file is essential to note investing. In this session we will be covering:
The Common Mistakes New Note Investors Make
One Document That Should Be Original
The “3 Ps” of Note Analysis
The Due Diligence Dozen - 12 Questions Every Note Investor Should Answer
Forget roses, this dozen matters way more than flowers!

Join us Tuesday, April 27th at 1 pm for “Deal Analysis & The Due Diligence Dozen” ...and bring your questions as this session is LIVE!

Discovering Notes - Note Investing 101 -    • Discovering Notes - Note Investing 101  ​
Profiting From Notes - Note Investing 101 -    • Profiting From Notes - Note Investing...  ​
Marketing For Notes - Note Investing 101 -    • Marketing For Notes - Note Investing 101  ​
A Day In The Life Of Notes - Note Investing 101 -    • A Day In The Life Of Notes - Note Inv...  
Ask Us Anything! - Note Investing 101 -    • Ask Us Anything! - Note Investing 101  
Behind the Scenes/ Member Orientation - Note Investing 101 -    • Behind the Scenes / Member Orientatio...  
Buying Notes In Retirement Accounts - Note Investing 101 -    • Buying Notes In Retirement Accounts -...  
Taking Your Note Business Online - Note Investing 101 -    • Taking Your Note Business Online - No...  

Timestamp:
0:10 - Introduction: “How do you analyze a deal if you want to buy it or refer it to another investor?”
1:02 - Disclaimer
1:57 - The “3 Ps” of Note Analysis
2:08 - People
2:23 - Property
3:39 - Paperwork
5:25 - The Due Diligence Dozen - 12 Questions Every Note Investor Should Answer
5:59 - How long has the buyer been making payments and are they current?
7:34 - Is there a servicer collecting and validating the payments?
9:19 - Do the documents match the terms presented for sale?
12:14 - Are the real estate taxes paid current?
13:55 - Is the Property insured for fire and other hazards?
16:14 - Is there an updated title report?
17:10 - What is the lien position and what else is owed on the property?
20:40 - Who is the current holder or seller of the note being purchased?
22:16 - Viewer’s question: When a note turns NP and is probably across the country from you, how do you handle disposing of the property after foreclosure?
25:15 - Where is the original note and will it be delivered at closing?
28:12 - Viewer’s question: If the original note is lost, and the buyer refuses to sign a replacement note/affidavit, how do you resolve this?
29:21 - What is the current value of the property?
30:26 - How much equity does the buyer/payer have?
32:00 - What is the creditworthiness of the buyer and are there any bankruptcy filings?
36:00 - https://www.NoteInvestor.com
36:05 - https://www.NoteInvestor.com/101
36:30 - https://www.NoteInvestingTools.com

#NoteInvesting​ #MortgageNotes​ #RealEstateInvesting