How To Buy Notes With No Money -

You aren't buying the note; you are buying the contract to buy the note, then selling that contract to someone with cash.

Finding a discounted asset and bringing it to a hungry investor for a fee.

Asking the note holder to "carry the paper" while you work to resolve the property's issues. how to buy notes with no money

Elias had exactly $42 in his bank account. To buy a note, he didn't need cash; he needed a and a wealthy partner .

Here is a story illustrating how it works through and Owner Financing . The Note Hunter You aren't buying the note; you are buying

Elias didn't have $30,000. He called a local "hard money" investor, Marcus.

Elias called her. "Mrs. Gable, that note is a headache. You aren’t getting payments, and you don’t want to foreclose. What if I take it off your hands?" "I just want my $50,000 back," she sighed. Elias had exactly $42 in his bank account

"Marcus, I have a $50,000 note on a property worth $100,000. I have it under contract for $30,000. Give me $35,000. You get a secured note at a massive discount, and I keep $5,000 as a 'finder’s fee'."