Stages of Note Investing

Find Training and Resources Based on What Stage You're At In the Note Investing Process

VIDEO walkthrough

On this page, you’ll be able to find the training and resources that are specific to where you are currently at in the note investing process.

Find the stage you’re currently in and start there. Keep coming back to this page as we’re updating it constantly.

If you can’t find anything you’re looking for, please do a search in the “Search” box in the top of the right-hand sidebar, or submit a request to our Hotline.

Scroll down to view the training at each stage, or you can jump straight to a specific stage by clicking here:

Overview: Note Investing Basics
Stage 1: Creating Your Plan
Stage 2: Sourcing Assets for Purchase
Stage 3: Pre-Funding
Stage 4: Asset Purchase (Funding Stage)
Stage 5: Post-Purchase
Stage 6: Review to Find Exit Strategies
Stage 7: Collateral File Review
Stage 8: Workouts Process
Stage 9: Initiating Foreclosure
Stage 10: Post-Foreclosure

If you’re new to the note investing space, we highly recommend you first go through the following trainings before diving in to the rest of the process as it’s important for you to have the basic foundation in place.

Note Investing Basics

Click on the “Video 2” tab above to watch the next video, “Using the 10bii Calculator”

Using the 10bii Financial Calculator

Download this Excel Doc for Windows or MS Office™ (It works in Apple Numbers™, too)

Click on the “Video 3” tab above to watch the next video, “The 6 Profit Models”

The 6 Profit Models

Click on the “Video 4” tab above to watch the next video, “Understanding the Note Flow”

Understanding the Note Flow

In this training, you’ll see the overall note flow and how all of the Stages work together. This will give you a solid understanding of how the process will work as you go from stage to stage:

Click on the “Video 5” tab above to watch the next video, “The 6 Elements of a Note”

The 6 Elements of a Note

You’re now ready to dive into Stage 1 – Creating Your Passive Income Plan !

In this stage, you’ll learn how to create your passive income plan based on where you’re at now and what your goals are. This is a key section so make sure you go through the training below and create your plan.

Once you’ve gone through the training and have your plan in place, email Travis your plan and he will set up a time to go through your plan with you to create your next action steps.

Creating Your Passive Income Plan Video Training:

Begin with the “Exits” in Mind – Understanding the Most Common Exit Strategies:

You need to understand the basics of which “Exit Strategies” are available so you have an idea up-front for how you will get to your passive income goal.

Exit Strategy: Loan Modification

Exit Strategy: Foreclosure

Exit Strategy: Cash Settlement

Exit Strategy: Short Sale

Exit Strategy: Deed in Lieu

Exit Strategy: Sell the Re-Performing Loan

Click here to return to the top of Stage 1: Creating Your Plan

Files and Resources for Stage 1:

Below are the most Frequently Asked Questions for Stage 1:

Do you have a question about anything covered in this stage?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Need help with any part of Stage 1?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Below are Case Studies that apply to Stage 1:

Coachella Case Study:

This is a case study for an exit strategy of doing a loan modification.

In this stage, you’ll be sourcing assets for purchase.

Sourcing Assets for Purchase:

Note Pricing:

Click here to return to the top of Stage 2: Sourcing Assets for Purchase

Files and Resources for Stage 2:

Below are the most Frequently Asked Questions for Stage 3:

Do you have a question about anything covered in this stage?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Need help with any part of Stage 3?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Below are Case Studies that apply to Stage 3:

In this stage, you’ll be doing your pre-funding due diligence, lining up your servicer and custodian, and going through the steps you need to make sure are completed before you fund your note purchase.

Due Diligence Checklist:

Click here to return to the top of Stage 3: Pre-Funding

Files and Resources for Stage 1:

Below are the most Frequently Asked Questions for Stage 1:

Do you have a question about anything covered in this stage?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Need help with any part of Stage 1?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Below are Case Studies that apply to Stage 1:

Stage Description

Training Video:

Click here to return to the top of Stage 4: Asset Purchase (Funding Stage)

Files and Resources for Stage 1:

Below are the most Frequently Asked Questions for Stage 1:

Do you have a question about anything covered in this stage?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Need help with any part of Stage 1?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Below are Case Studies that apply to Stage 1:

In this stage, you have already received your note or your pool of notes. Now what?

This is where you will set up your systems and various accounts. You’ll also determine next steps based on if you have collateral yet or not.

Loan Acquisitions Checklist:

Click here to download the most recent Loan Acquisition Checklist

Google Apps Training:

Set Up Your CFPB Portal

Click here to download the step by step instructions for how to set up your account in the CFPB Portal

Click here to return to the top of Stage 5: Post-Purchase

Files and Resources for Stage 1:

Set Up Your CFPB Portal:

Click here to download the step by step instructions for how to set up your account in the CFPB Portal

Below are the most Frequently Asked Questions for Stage 1:

Do you have a question about anything covered in this stage?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Need help with any part of Stage 1?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Below are Case Studies that apply to Stage 1:

Stage Description

Training Video:

Click here to return to the top of Stage 6: Review to Find Exit Strategies

Files and Resources for Stage 1:

Below are the most Frequently Asked Questions for Stage 1:

Do you have a question about anything covered in this stage?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Need help with any part of Stage 1?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Below are Case Studies that apply to Stage 1:

Stage Description

Training Video:

Click here to return to the top of Stage 7: Collateral File Review

Files and Resources for Stage 1:

Below are the most Frequently Asked Questions for Stage 1:

Do you have a question about anything covered in this stage?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Need help with any part of Stage 1?

You’ve got several options for getting help:

1) Submit a Hotline Request
2) Ask in our Private Mastermind Facebook Group
3) Ask your question on our next Training and Q&A Webinar

Below are Case Studies that apply to Stage 1:

In this stage, we will begin contacting the Borrower in order to “Workout” non-performing notes.

Borrower Connect Campaign:

Click here to download the most recent “Borrower Connect” Campaign – Updated May 2015

Underwriting Worksheet:

The Underwriting Worksheet is used to determine repayment capacity and affordability of new Trial/Mod/Forb, and to ensure you are not putting a debtor into a worse financial situation (setting up to fail). In this video, you’ll learn how to use the Underwriting Worksheet:

Late Calculation Worksheet:

The late calculation worksheet is used to complete the “late” calculation and to determine arrearages used in all exit strategies and letter campaign.

Click here to return to the top of Stage 8: Workouts Process

Files and Resources for Stage 8:

CFG Letter Campaign and Welcome Campaign:

Download Capstone Funding Group’s Letter Campaign and Welcome Package below. Included in the .zip file are instructions for how to use the letter campaign.

Click here to download the CFG Letter Campaign and Welcome Package

Click here to download the most recent “Borrower Connect” Campaign – Updated May 2015

Download the TILA 404 Letter Template

Click here to download the Blank Trial Agreement w/ Exhibit

Download the Blank Loan Summary Template

Download the Washington State Cover Letter

Download the Underwriting Worksheet Template

Hardship Package

Click here to download the full hardship package as a zip file

1. Alternatives to Foreclosure – We need to know your intent regarding the property in question
2. Request for Assistance and Hardship Evaluation Package – sign and return
3. Dodd- Frank Certification – sign and return
4. 4506T – sign and return
5. Borrower authorization
6. Required Financial Documentation Checklist

Click here to download the Last Chance Contact Letter

Call Checklist