One thing is for certain, if you have taken our free course you already know how to start your note business with little to no money. You have also learned how and where to source your notes at a discount, offering you a potentially great return on investment! Here are some ideas for sourcing capital for your first investment.
Partner with other investors: Partnering with other investors can be a great way to raise capital for your mortgage note buying business. You can pool your resources and invest in notes together. Our Mastermind group is an excellent way to meet other investors and pool your funds!
Private lending: Private lending is another option for raising capital. You can approach private lenders and offer them a fixed return on their investment.
Use your own savings: If you have savings, you can use them to invest in mortgage notes. This can be a great way to get started in the business without having to raise capital from outside sources.
Use a home equity loan: If you own a home, you can take out a home equity loan to fund your mortgage note buying business.
Apply for a business loan: You can apply for a business loan from a bank or other financial institution to fund your mortgage note buying business.
Offer a guarantee: If you are confident in your ability to generate returns on your investments, you can offer a guarantee to investors. This can help to attract more investors to your business.
Leverage social media: You can leverage social media to promote your business and attract investors. Use platforms like LinkedIn and Twitter to connect with potential investors and promote your business.
Our completely free guide will teach you everything you need to know to start building your own business as an active or passive note investor. We will cover investing in 1st & 2nd liens, performing & non-performing notes, secured by single family homes, condos, mobile homes or vacant land.-Rob Hytha, Founder FIXnotes