March 4th, 2015

Watch the training replay for March 4th, 2015.

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Call Notes:

Pools available – If you want to be involved in this funding group, please email or you can call Aaron at 602-228-1314

– 40-50% have a performing senior. The rest are not reported or delinquient.
– Pricing under 14 cents.
– $100k investment pools.
– Closing out by the 13th of next week.
– They have done BK checks and have current credit reports.

Guest Expert Bill McAfferty

Bill McAfferty is one of the sharpest minds I know working out non-performing junior liens – is our special guest today. Bill works exclusively in the non-performing junior lien business.

Bill loves the power of the note. As a lien holder, you have the power. People come to you instead of having other people make the decisions.

Also loves that he can manage a loan from anywhere in the country.

– Bill and Travis review several notes

– Bill recommends you budget $3000 per note for legal. Could be higher or lower but that’s a good average to consider.

Minute 21:12 – A clean and legal way to get more on your short payoff on a short sale

Do you have any additional questions? Please post them in the Facebook group or submit a question to the Hotline.

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