Real estate note investing is not your typical investing business. The most critical aspect is knowing what your financing options are, as well as how and when to use those options. –Forbes
This week I sit down with Scott Carson, CEO of We Close Notes. His company focuses on buying pools of distressed assets on residential and commercial properties direct from banks and hedge funds.
On today’s show, Scott takes us from his low period in which he sold everything but his dog and his truck to generating $500MM in assets. He has managed to pack in a lot of information on this episode from how to negotiate with borrowers to the step-by-step process of how anyone can get into the note business. Scott also discusses the process of taking over from a bank, what kind of deals you can expect buying distressed notes as well as where to find capital.
Tip of the Day:
Further Information on Alternative Real Estate Investing
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Start In Wholesaling:
Want to start in wholesaling? I got my first deal going using Real Estate World Wide. TRY IT YOURSELF!
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