BPAP 44: Seller Financing with Eddie Speed
Brain Pick a Pro Podcast
English - January 25, 2019 01:26 - 43 minutes - 50.3 MB - ★★★★★ - 5 ratingsInvesting Business Careers realestate realestateinvesting business investing cashflow entrepreneurship finance marketing entrepreneur interview Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
In this episode, Larry talked to his friend, Eddie Speed. Eddie has dedicated his professional life to the seller financing and non-performing note industry. Over the years, he has introduced innovative ideas and strategies that have positively impacted the way the industry operates today.
Eddie founded NoteSchool, a highly recognized training company that specializes in the teaching of buying both performing and non-performing discounted mortgage notes. He is also the owner and president of Colonial Funding Group LLC, which acquires and brokers discounted real estate secured notes.
In addition, he is also a principal in a family of private equity funds that acquires bulk portfolios of notes. He has been a leader and innovator in the note business for over 30 years now.
Topics:
Moving from an automatic no to yes
Who Eddie Speed is
How he started buying notes
Understanding the note market
The kind of changes he witnessed over the years
What he's doing in today's market
Other ways of getting the same effect with zero interest
Different ways of structuring zero interest
Why he is not a big fan of land contracts
The kind of marketing for seller financing
Buying and selling properties on terms
Financing zero percent
Note Architect Software
Quotes:
“We serve the best when we like something we are doing.” “Trees don't grow to the sky.” “You have to believe that it can be done.”Links:
NoteSchool Note Architect Software - Referral Code: Goins