40 Building Your Own Bank With Seller Financing | NoteSchool TV

09/07/2021 40 min Temporada 1 Episodio 40
40 Building Your Own Bank With Seller Financing | NoteSchool TV

Listen "40 Building Your Own Bank With Seller Financing | NoteSchool TV"

Episode Synopsis

This coming Wednesday, July 7th at 11:05 am CT, the NoteSchool Tv team is joined by Mike Powell.                                                     Mike is what we call a “Ninja” Seller Financier having done thousand of seller-financed transactions.  Hear Mike talk about how this has helped him build his own bank and listen to his answers to these questions.   Why do you like the seller finance/creative finance space? How Seller Financing helps you sell more houses at a bigger profit? Do you have a challenge finding qualified buyers (we call them Penalty Box Buyers) that have good credit and money to put down? Do you think that offering seller financing makes a difference in people’s lives? Is it easier to deal with a note versus the tenant?   Timestamps:  0:01 - “It is not every day that you get to hear a “Ninja” investor to talked about how he built his bank, one loan and one house at a time.”  1:52 - https://www.NoteSchool.com/TV   2:49 - Latest News with Joe Varnadore 3:21 - Feds Repo Program Sees Demand Soar To Just Under 1 Trillion Overnight 5:39 - Lumber Prices Dive More 40% In June, Biggest Monthly Drop On Record 6:54 - NoteSchool Leader & Visionary: Mr. Eddie Speed 8:10 -  Today’s guest: Mike Powell 9:50 - Using Seller Financing To Gain Customer for Mike’s “Bank”   11:43 - Mike talks about why he likes using seller financing strategy. 14:23 - Seller Financing Is The Ultimate Juice Out Of Lemon 15:24 - Challenges in Finding Qualified Buyers 18:41 - Championing the Deserving Buyer 24:24 - How many seller-financed notes do you think you will do in the 12 months? 24:53 - Mike Powell’s Servicing Business   26:08 - Mike Powell’s Holding Company  27:48 - Feeding Frenzy Friday & Notes Direct 28:37 - Feeding Frenzy Friday - https://www.NoteSchool.com/FFF 30:06 - https://www.NoteScool.com 30:39 - After-Party! Watch our latest NoteSchool TV Real Estate Note Industry Update: https://youtu.be/nPbDlUT-b4M  Uncover Why Savvy Investors Use Proven Mortgage Note Strategies for Massive Monthly Profits In Today’s Ever-Changing Market… Risk-Free! Discover more about Note School and profiting without Tenants, Toilets and by taking our FREE one day class: https://new.noteschool.com/TV Latest Class Information: https://noteschool.com/live-classes/ Download a Brand-New eBook by Eddie Speed It’s A Whole New Ball Game With Creative Financing https://lp.noteschooltraining.com/moneyball-getstarted https://www.facebook.com/thenoteschool https://www.linkedin.com/company/noteschool/ https://www.linkedin.com/company/colonial-funding-group-llc/ https://twitter.com/thenoteschool https://www.instagram.com/thenoteauthority/ https://noteschool.libsyn.com/rss https://www.stitcher.com/s?fid=582689&refid=stpr #NoteSchool #EddieSpeed #RealEstate #MortgageNote

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