Hot Home Based Jobs. Learn 30 ways to make a full time income with your own home based business

Earn a Full Time Income With These 30 Ways of Working For Yourself

Earn cash as a discount note broker. Match up note holders with investors who will give them cash for their note.

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Discount Note Broker

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Discount Note Broker

As a note broker, you will earn a profit by converting a payment stream that someone may be receiving into an up-front lump sum of cash. You will primarily act as a "finder" where you find someone who is receiving monthly payments who would be interested in taking the cash up front. You will be able to enjoy the personal and financial freedom you will have a discount note broker. Anyone with three-quarters of a brain who studies this material and takes the initiative to carry out the program will earn a great deal of money as a discount note broker.

You can learn to be a discount note broker in one day, and be in business the next day. You can operate your broker business right from your own home on a part time basis.

Who Needs a Discount Note Broker?

The typical candidate for a note broker is a person who sold a home and who is collecting a stream of payments each month secured by a first or a second mortgage. Or, they could be receiving some sort of an annuity, which could be from a lawsuit or from winning a lottery. In any case, as a note broker, you will give the client a lump sum of money in exchange for the monthly payments. The entity who then collects the payments will be earning a return on his or her money that exceeds what would be obtained in the investment market. There are many ways to find candidates who could use a note broker, and I will outline some of them for you here. In what’s known as the “paper business,” notes are purchased and sold by investors, both individual and institutional. The term “discount note” refers to the process of a note holder (lender) selling the right to collect payments on a note for a lump sum that is less than the full amount of the original note. For example, a note (or loan) issued five years ago for $100,000 with a current principal balance of $96,000 might be sold for a discounted cash amount of $85,000. The sale of the note lets the buyer collect the principal and interest payments on the note for the remainder of its term while the former note holder receives up front cash and no longer takes the monthly payments.

Where Does the Money Come From?

As a discount note broker, you are not fronting the money yourself. Instead, you will work with an established buyer that makes the transaction. You are mostly involved in finding those who need the up front cash and matching them with the appropriate note buyer. Fortunately, the internet makes it very easy to find companies that have the cash to give to the person receiving the note. Each has its own requirements, as far as the credit on the person or organization making the monthly payments, and how seasoned the note needs to be. It would be rare for a company to lay out a large sum of money on a seller-held second mortgage soon after settlement. They want to see a payment history. The better the payment history, the more money the note holder will get in exchange for the payments. You will learn how to find the buyers and thus create a portfolio of lenders, much like a mortgage broker does.

What You Will Learn With This Course

In this chapter, you will learn the following:

  • 5 ways to find note holders, including ways that does not cost you anything!
  • What to say or send to those you contact or who contact you
  • Sources of note brokers and buyers and how to find many more on your own
  • A sample follow-up letter to send once you know how much they can get
  • An inbound script that covers all the questions a broker will want to know

Your fee will be based on what the broker or buyer is willing to pay for the note and how much the note holder wants or what you are willing to offer the note holder. Basically, you will earn how the basics of the business and learn where to turn to get started making money. You also get the materials you need to get started right away.

Purchase Hot Home Based Jobs Today!

You can learn how to profit as a discount note broker, and in all 30 of these jobs and get all the bonus items offered for just $29. This includes bonus items that are well worth many times more than this price. I am so certain that you will find this package to be well worth the price that I will provide you with a full 14-day money back guarantee. If you can honestly say that you have not learned anything that can help you create either a full or part time income, just write me a note and tell me why. I will gladly refund your $29 and wish you well. I have successfully served over 6,345 other customers who have purchased my Find and Assign package and Loan Officer 101 package. In Hot Home Based Jobs, I provide you with the same level of quality and resources that I provide in my other training packages. Purchase Hot Home Based Jobs today!

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