EP106: Advanced Note Investing Strategy for Large Payouts

In this captivating episode, we are joined by note investing expert Chris Seveney, who delves into an advanced note investing strategy for large payouts. Chris shares his insights on strategic defaults and explains how getting a judgment against a borrower can lead to unexpected and highly profitable outcomes. Chris gives us a peek behind the curtains of an advanced note investing strategy as he shares an actual case where a borrower owed about $75,000 yet had just closed on a $1.7 million property free and clear. 👀He unravels the concept of a charging order and how it allows investors to go beyond a specific property and gain access to other assets the borrower holds. This strategy can be a game-changer, especially in specific scenarios, and Chris advises using it wisely and ethically.Discover the power of a non-performing judgment as Chris explains how it can lead to a forced sale and how this strategy was used in one of his real-world deals. Join us as Chris provides real-life examples and case studies where the judgment strategy was pivotal in securing impressive returns. He also offers valuable advice on dealing with various situations and engaging with attorneys to explore the best options. If you're serious about note investing and wish to add another powerful tool to your arsenal, don't miss this episode!For insightful discussions on note investing and real estate strategies, subscribe to the Paperstac Podcast, and stay tuned for future episodes. Remember to hit that notification bell to never miss an update. Share your thoughts and experiences in the comments below, and don't forget to like this video if you found it informative!➤ Don't forget to like, comment, and subscribe to our channel for more captivating content on mortgage notes and real estate investing.SUBSCRIBE HERE: 👇  👉https://pstac.co/subscribe_on_youtube 👈__________________________________Chapters: 00:00 Intro and Welcoming Back Chris Seveney  01:59 A Powerful Alternative to Foreclosure - The Judgment Strategy04:03 Real-Life Example of a Successful Judgment Strategy4:43 Going Next Level: Using a Judgment to Attach Equity in LLC-Owned Properties6:07 The Process & Potential Pitfalls of Attaching Judgments to Properties12:07 Patience & the Power of Compounding Interest with Judgments13:03 Addressing Bankruptcy Risks and the Impact on Secured Creditors15:06 The Status of the Mortgage When a Judgment Is Obtained.16:15 The Application of Cross Collateralization17:18 The Importance of Selecting an Attorney Who Can Think Outside the Box.19:07 Upcoming Events Where You Can Meet Chris.🎬 Share this video: https://youtu.be/A2dgBPHi-Co_______________________________________________________Follow Us On These Platforms:👇➤ Facebook: https://pstac.co/facebook➤ Linkedin: https://pstac.co/linkedin➤ Twitter:  https://pstac.co/twitter➤ TikTok: https://pstac.co/tiktok➤ Instagram: https://pstac.co/instagram➤ LinkedIn Paperstac Newsletter: https://www.linkedin.com/newsletters/7061367477401702401/ _______________________________________________________📚 NOTE INVESTING EDUCATION:Looking for further education on note investing? 👇Explore the Paperstac Academy: ➤ https://pstac.co/academy A mortgage note investing course designed to help you go from beginner to purchasing your first note.📒 FREE Note Investing Guides: 👇➤ https://marketing.paperstac.com/guides_______________________________________________🔊 SPEAKERS:  Rick Allen & Brett Burky👉 Check out our podcast:https://pstac.co/podcast_on_youtube👉 Check out our Snackable Series:https://pstac.co/snackable_series#noteinvesting #realestateinvesting #realestateinvestingstrategiesFollow Us On These Platforms:👇Facebook: https://pstac.co/facebookLinkedin: https://pstac.co/linkedinTwitter:  https://pstac.co/twitterTikTok: ...