Shared by: Steve Ghioto In my previous article, I talked about buying residential foreclosures. In the final installment of my series, I’m focusing on buying commercial real estate. Many people start out investing in residential real estate simply because they’re more accustomed to buying homes, but commercial real estate can be a great way to […]
Using a Promissory Note to Purchase a Home
1. Promissory Notes and Bank Loans The promissory note or promissory letter is a binding legal instrument that acts as a borrower’s promise to repay a private loan to a lender. Many individuals have the perception that a promissory note is nothing more than a complex version of an IOU, but the fact is […]
Why Sell My Mortgage Note?
Accepting payments on the sale of real estate might have made sense at the time, but circumstances change. Many sellers discover they would now prefer cash today rather than the small amount that trickles in each month. Here are just a few reasons people have sold all or part of their seller financed mortgage notes […]
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