A cash flow note buyer can make good money if he or she is diligent in his or her work. The most difficult thing about being a cash flow note buyer is finding the note in which to invest.
The way the cash flow note business works is that a cash flow note buyer will find an individual that has sold property to someone who, rather than paying for the property in full at the time of the sale, has signed a contract promising to make monthly payments to the person from whom they bought the property. Once a cash flow note buyer finds the note holder, the cash flow note buyer offers to purchase the note from the note holder for less than the balance of the original note. Sellers often take the discounted offer because they prefer immediate cash in hand.
There are advantages and disadvantages to holding a note. If a property seller is selling only one piece of property, the interest that the note holder makes from carrying a note is minimal compared to the lump sum that they could make if the buyer paid for the property in one lump sum. However, if a cash flow note buyer holds the note, that cash flow note buyer, who usually holds many notes, receives enough in interest from buyers to make it worth all of the trouble of finding notes to buy.
How does a cash flow note buyer find the notes in which to invest? There are a few ways. In real estate, all sales are public. That means that anyone can go to the local courthouse and find who sold what to whom. A cash flow note buyer can monitor such public notices or a cash flow note buyer can have a third party find the notes.
On the Internet, interested parties can visit DalbeyEducation.com to learn more about becoming a cash flow note buyer.
Russ Dalbey's Education Institute teaches Winning in the Cash Flow Business. For more information on cash flow note buyers go to http://www.dalbeyeducation.com or call 1-800-620-6700.
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