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 aaron@capstonefundinggroup.com 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.
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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