Notes for sale in Central OH-What to Look for /What to Avoid
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Buying real estate notes for sale in Central OH can be a fantastic way to earn solid returns and diversify, without the traditional headaches of real estate investing.
In fact, mortgage note investing are one of the methods that the wealthy use to make much bigger returns on their investments than anything you can get on the open market. In a nutshell, a real estate note for sale in Central OH is a private loan, that is secured by real estate.
Most real estate notes are, generally under five years, and normally have a high interest rate of 7% to 10%, even when banks are lending at 3-7%.
Surprisingly, there’s a lot of competition from borrowers who are willing to pay these kinds of rates to lenders. The biggest reason why is having access and speed to cash.
Why would investors take deals that banks would pass on?
There are lots of reasons, so let’s start with the basics. Banks and lenders fall under a lot of regulations that private money lenders don’t necessarily have to follow, especially since they’re not federally insured. Also most buyers of Central OH notes for sale don’t have share holders, or board of directors they have to answer to.
Local real estate note investing is actually more like old-school investing. Promissory notes are secured by real estate, and not just based on credit scores and ratios. For these deals,
- insider knowledge
- relationships and
- potential value
matters a lot more than just the score assigned by a computer. But like other high-return investments, there’s a lot of risk involved if you don’t know what you’re doing.
The investors who make a lot of money on trust deeds work with highly reliable brokers, attorneys and experts who help them evaluate the full potential of the loan – and assess the risks involved.
To speak to a licensed professional click here
If you’re interested in capturing above average, solid returns, from the Central OH trust deed marketplace, we may be able to help you.
We get requests from people who are looking to borrow money secured by real property (with a minimum of 30% equity in every property!) who don’t qualify for traditional bank financing.
If you’re looking to invest in Central OH Real Estate –Click Here
or
Click Here to View Note
What to Look for in notes for sale in Central OH
As a general rule, most investors want a high degree of security that the borrower has in the deal. The higher the percentage of equity the borrower has in the property. The more secure your funds are. If the borrower’s plan is too risky or shows signs of probable failure, it’s wise to pass on the investment.
The borrower should always have skin in the game ie something of value that you hold or receive as the lender .
We’re not brokers –we partner with qualified Central OH mortgage brokers, Realtors, and title attorneys to secure deals, and real estate notes for sale in Central OH is one tool at our disposal.
If you’re looking to invest in Central OH Real Estate –Click Here
We’re happy to talk with you about our services and discuss how we can help you make money in real estate, by minimizing risk, and maximizing profits; without the property management headaches.
We are here to help!