EP99: My First Mortgage Note Purchase - Tracy Rewey

Get ready for another captivating episode of the "My First Note" series, where we take a deep dive into the exciting world of mortgage note investing alongside the incredible Tracy Rewey. Tracy, a renowned expert in the note investing space, brings a wealth of experience and success to the table as both an experienced note investor and educator in the note investing industry.

In this episode, Tracy shares her experience and insights on her very first mortgage note purchase. Sharing invaluable insights and personal stories that will keep you hooked from start to finish. 

Join us as we uncover Tracy's valuable insights, personal anecdotes, and expert advice that will inspire and educate both new and seasoned investors in the captivating realm of note investing. Don't miss out on this exciting opportunity to learn from one of the industry's finest!

Tune in now and expand your knowledge in the world of note investing.

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➤ Chapters:

00:00 Introduction
00:12 Tracy’s Experience & Expertise in Note Investing 
01:07 Availability of Notes in Any Economic Climate
01:31 Tracy's Real Estate Background 
02:03 Seller Finance Note
02:21 Financial Calculator 
03:00 Remarkable Volume of Mortgage Notes Purchased 
04:06 Tracy & Fred Starting Their Own Note-Buying Business
05:13 Tracy's First Note Purchase
06:15 House Hacking with Seller Financing
06:46 Seller Financing & Note Creation
07:46 Market Conditions for Seller Finance Notes
08:21 Market Conditions that Make Seller Financing Attractive
10:00 Seller Financing's Incentive for Buyers with Lower Credit Scores
14:27 Partials in Note Investing & Their Advantages
16:38 Ideal Situation of Selling a Partial for Pure Profit
17:56 How Tracy Met Her Husband Through Note Investing
19:09 Note Investing Training, Memberships, Events, & Future Plans
23:09 Wrap-Up - Last Words of Wisdom



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