Posted by Terry Vaughan on June 09, 2005 at 17:33:23:
- As I say in my classes, and I believe in my course “Paper Into Gold”, you must package the note with three sections: (A) People, (B) Paper, © Property.
Each section should give information that will satisfy the note buyer that it is a note worth buying.
- Hook up with a good note broker. They will tell you what you have to package to make the deal sellable. I use Ron Dahlke, here is his number: (707) 966-5016
But have your act together before you call him.
- This concept has become known as a “Similtanious Closing” type of deal. There are many companies arround the country doing these notes. The numbers have to be right for it to work, so do your homework first and “tweek” the numbers to make it marketable.