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Notes With No Money — How To Buy

He found a private investor, Mrs. Gable, who had lent $50,000 to a fix-and-flip artist three years ago. The flipper had vanished, the house was rotting, and Mrs. Gable was tired of the taxes. She held a "performing note" that had gone "non-performing."

Finding a discounted asset and bringing it to a hungry investor for a fee. how to buy notes with no money

Elias didn't have $30,000. He called a local "hard money" investor, Marcus. He found a private investor, Mrs

Elias walked away with $5,000. He had "bought" the note and sold his interest in it without ever touching his own bank account. He took his $5,000, went back to his spreadsheet, and looked for the next zombie. Key Takeaways for Your Draft Gable was tired of the taxes

"I can't give you $50,000 today," Elias said honestly. "But I can give you a " The Structure

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