Mortgage Note Investing Weekly
We run Paperstac (a marketplace for mortgage notes) we get a lot of questions from buyers and sellers and with our podcast, we cover the questions that come and share the answers with everyone.
We cover strategies, tips & expert secrets to help you improve YOUR note-investing business.
Mortgage Note Investing Weekly
EP88: Submitting Acceptable Bids When Buying Mortgage Notes
In this episode, we talk about submitting acceptable bids when bidding on mortgage notes on the Paperstac platform. The first thing you will want to do is come up with what you want your yield is going to be and work backward from there. The best way to do this is with the help of 10bii calculator that you can download from the App store for $6. It is a must-have for all mortgage note investors that are looking to bid on mortgage notes objectively.
It will also garner respect from sellers if you explain your bid amount. Doing this lets them know you're a serious buyer that knows how to make bids on mortgage notes the right way.
Link to the 10bii on the Apple App store: https://apps.apple.com/us/app/10bii-financial-calculator/id360256797
Link to the 10bii on the Android App store: https://play.google.com/store/apps/details?id=com.inadaydevelopment.cashcalculator&hl=en_US&gl=US
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