Finding Deals in 201 Legacy Notes

Hey note investors! In this video, we're diving deep into a recent WSEN coaching call where we break down a tape of 201 notes from a hedge fund source. This is a goldmine of information for anyone looking to cherry-pick deals and potentially snag double-digit discounts. Let's get started!

(Key Topics Covered)

• Overview of the 201 Note Tape: Discover the source of the tape and the initial breakdown of performing vs. non-performing notes.

• Understanding Legacy Notes: Learn what "legacy" means in the note investing world and why these notes can hold significant value.

• Geographic Hotspots: Identify the key states where the majority of these notes are located, with insights on which areas to focus on (and which to avoid).

• Key Data Points: Learn about the available data like UPB, appraisal dates, origination dates, and payment history.

• Payment History Analysis: Understand how to analyze payment history to identify potential opportunities.

• Quick Number Analysis: How to get the value of the tape

• Bidding Strategies: Get some strategies on how to put a bid on the assets in the tapes

• The Advantage of Old Appraisals: How to find hidden equity by accounting for appreciation in property values.

• How to leverage a list like this to scale or make some extra money.

• How to get better at getting outside of your comfort zone.

In conclusion, whether you're a seasoned note investor or just starting out, this video is packed with actionable insights to help you identify and capitalize on note investment opportunities.

FYI: We submitted 79 bids and ended up getting 51 accepted (30 PN/21 NPN) with a 18.9% ROI based solely on the cashflow coming in on the performing notes with a total purchase price of just over $1M for all 51 notes!

(Links & Resources)

Sign up for WCN crew membership: HTTP://noteumbrella.com

Book a call with HTTP://talkwithscottcarson.com

Subscribe for more note investing tips and strategies!

In this dynamic episode of the DistressedPro.com podcast, Scott Carson shares his top 10 tips for raising private money and fueling your note investing business. Learn how to overcome the #1 challenge for new investors: finding capital!

Here's what you'll discover:

• Private Money Mindset Develop the mindset to take action by seeing success.

• Networking With your Dream Team What your team is and why they are so important to succeed with REI.

• Overcome Fear: Get over yourself, and begin

• Dominate LinkedIn: Get your account rocking to get the funding from your team.

• Always Follow the money: Find it for your own deal, where all the investors are

• Finding Good Support: Having an assistant makes everything easier.

• Finding The List!: - Knowing what your assets are to have people know to look at.

• Always Network At Any Deal - Build a list of lenders

• Offer the value of your expertise

• Taking Action is Key!: Start today.

Conclusion: Don't let a lack of capital hold you back! These 10 power-packed tips will equip you to find the private money you need to build a thriving note investing business.