The Unity of
Real Estate & Paper (Notes)
with Mike Morrongiello
Wednesday April 7, 2010
Double Tree Hotel, Sacramento, CA
(2001 Point West Way)
6:30 Networking
7:00 Meeting Starts
Don't just survive the credit crunch - THRIVE during changing market cycles!
Discover how to effectively create marketable real estate-secured Notes that can be easily and readily converted into a cash lump sum. With the real estate markets softening, Wall Street no longer buying certain loans, and qualifying criteria becoming more stringent - with the right knowledge, you can fill the void in the marketplace by offering seller financing for both the acquisition and disposition of properties.
What is Seller Carryback financing?
When a property seller assists the buyer by acting as the lender, the property seller may finance part or all of the sale. The term given to such seller financing is "carryback financing." A seller is literally carrying back part or all of the financing on the property instead of a financial institution.
In today's tight credit Market; Seller carryback financing is vital to a successful sales program. It is so important that if more property sellers, their agents, buyers, and Real Estate Investors understood the principles of seller carryback financing, more real estate activity would be generated across the country than with any other marketing tool!
A Few Advantages of Seller Carryback Financing:
It makes a listing more salable.
It provides the seller with an interest return (yield) on their note that exceeds savings accounts, CD's and money market accounts.
The seller carryback note(s) can be an extremely safe investment.
The seller carryback note(s) can be made salable, should the holder need cash in the future.
At this Meeting you will learn About;
- Understanding "Paper" - WHY use seller financing to buy or sell
- Different types of security instruments which can be used
- Relationship between PRICE vs. TERMS
- Wrap's -- Your Multi Purpose Financing Tool
- Magnifying yield & capturing amortization
- Deal Structuring tips, tricks, and techniques
- Using other collateral
- The some NOW, some LATER concept
- Generating solutions and how to profit with "paper"
Michael has been involved over the years in the purchase of thousands of seller financed real estate loans in every state in the Union and knows what crucial skills must be mastered in order to succeed with discounted paper. His expertise, candor, and ability to quickly size up and analyze financing options that surround existing and proposed transactions make his companies services invaluable to the Real Estate & Note community. Sunvest is a nationwide portfolio investor in Real Estate secured paper.
New for 2010!
Real Estate Help Desk (6:30-7:00)
Bring your Real Estate Questions to Professional Investors
Aprils Professional:Lamarr Baxter with Entrust Self-Directed IRA's
Click to Register
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