Home > Blogs > Dawn Rickabaugh > Note Queen: Owner Financing Strategies

Why Owner Financing, Title Holding Trusts and Other Asset Preservation Techniques are Critical to Your Survival

By Dawn Rickabaugh

Real Estate Broker/Owner with Dawn Rickabaugh (Note Queen) Owner Financing Consultant

May 12, 2010 06:38 AM

This is a very well-written post by Tim and Julie Harris. I read every line and watched every video. I’m not surprised by any of it . . . go read it when you have a second.

Don’t get freaked out, just be prepared and stabilize yourself mentally. There’s a lot of opportunity and freedom to be found.

The “Ivory Towers” that Stuart Wilde talks about seem to be crumbling. Change before you’re forced to, and the process won’t be as painful. And, of course, start thinking outside the box in your financial affairs! Let’s make the most of it!

When banks say NO, I say YES!

Don’t miss a post, sign up for the feed!

Re-Blog

Comments(4)

Comment

Show All Comments

Sort:

Katherine Fornale

REMAX REALTY 9 - Howell, NJ

SFR, GRI

This is great information and we all need to be aware of all of it. We did a lot of "creative financing" in the 80's and 90's and it seems that we are heading back into that direction with today's market.

May 12, 2010 06:49 AM

Dawn Rickabaugh

Dawn Rickabaugh (Note Queen) Owner Financing Consultant - Carson City, NV

Note Queen

Hi Katherine,

Yes, I agree... it's just that we seem to have fewer private property rights than we did back then! :-/

Creative financing is getting tougher to pull off with the government trying to over-regulate it all... unbelievable. I'm currently getting ready to take the SAFE test so I can be a MLO just to legally keep doing what I've been doing for years.. helping people structure intelligent owner financing transactions so they have notes worth holding or selling.

Thanks for commenting, and best wishes as we head for the rapids!

Dawn

May 12, 2010 07:07 AM

Bryant Tutas

Tutas Towne Realty, Inc and Garden Views Realty, LLC - Winter Garden, FL

Selling Florida one home at a time

Dawn. I've been pushing seller financing very hard this poast year. Just closed on 2 deals last month and just listed another where the seller will hold paper.

We are selling quite a few homes to UK investors. Instead of them having to deal with thee hassles of tenants we are turning right around and selling the homes with them financing. Because they buy right going in we are aable to get 25% more for the property and are getting a 20% down payment. They actually end up doing far better than if they just rented it out. And no hassles. Reminds me of the 80s all over again. Of course I like getting commissions buying and selling too.

May 12, 2010 12:09 PM

Hi Bryant... love the story! Fantastic model. Are you structuring the transaction and note with an eye for the secondary note market? Those notes are a great investment, good ROI, but structured certain ways, those notes can also be sold, sometimes fairly quickly, depending on a few factors. Do your client's ever consider selling their notes and/or are they aware of the secondary trust deed market? Even partials can free up more investment capital to do more deals.

Thanks for sharing... would love to interview you some time. A lot of agents are afraid of owner financing, or their brokers think there is too much liability and discourage anything but cash to new loan.

May 13, 2010 07:02 AM

Why Owner Financing, Title Holding Trusts and Other Asset Preservation Techniques are Critical to Your Survival

When banks say NO, I say YES!

Comments(4)

Dawn Rickabaugh

Real Estate Resources

Recent Posts

Additional Information