EP99: My First Mortgage Note Purchase - Tracy Rewey

Get ready for another captivating episode of the "My First Note" series, where we take a deep dive into the exciting world of mortgage note investing alongside the incredible Tracy Rewey. Tracy, a renowned expert in the note investing space, brings a wealth of experience and success to the table as both an experienced note investor and educator in the note investing industry.In this episode, Tracy shares her experience and insights on her very first mortgage note purchase. Sharing invaluable insights and personal stories that will keep you hooked from start to finish. Join us as we uncover Tracy's valuable insights, personal anecdotes, and expert advice that will inspire and educate both new and seasoned investors in the captivating realm of note investing. Don't miss out on this exciting opportunity to learn from one of the industry's finest!Tune in now and expand your knowledge in the world of note investing.➤ Don't forget to like, comment, and subscribe to our channel for more exciting content.➤ Chapters:00:00 Introduction00:12 Tracy’s Experience & Expertise in Note Investing 01:07 Availability of Notes in Any Economic Climate01:31 Tracy's Real Estate Background 02:03 Seller Finance Note02:21 Financial Calculator 03:00 Remarkable Volume of Mortgage Notes Purchased 04:06 Tracy & Fred Starting Their Own Note-Buying Business05:13 Tracy's First Note Purchase06:15 House Hacking with Seller Financing06:46 Seller Financing & Note Creation07:46 Market Conditions for Seller Finance Notes08:21 Market Conditions that Make Seller Financing Attractive10:00 Seller Financing's Incentive for Buyers with Lower Credit Scores14:27 Partials in Note Investing & Their Advantages16:38 Ideal Situation of Selling a Partial for Pure Profit17:56 How Tracy Met Her Husband Through Note Investing19:09 Note Investing Training, Memberships, Events, & Future Plans23:09 Wrap-Up - Last Words of WisdomFor more videos on mortgage notes & real estate investing SUBSCRIBE to our channel: https://www.youtube.com/paperstac?sub_confirmation=1🛎️ Press the bell icon to get notified of when our new videos are published.➤ Share this video: https://youtu.be/Il6eOQ_69VM_______________________________________________________Follow Us On These Platforms:👇Facebook: https://pstac.co/facebookLinkedin: https://pstac.co/linkedinTwitter:  https://pstac.co/twitterTikTok: https://pstac.co/tiktokInstagram: https://pstac.co/instagram➤ Interested In More Note Investing Education?Check out Paperstac Academy: https://pstac.co/academy A mortgage note investing course designed to help you go from beginner to purchasing your first note.🔊 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#mortgagenotes #noteinvesting #sellerfinancing #realestateinvesting #noteinvestingforbeginners #Paperstac#PaperstacPodcast #FinancialLiteracy #buyingmortgagenotes #noteinvesting101Follow Us On These Platforms:👇Facebook: https://pstac.co/facebookLinkedin: https://pstac.co/linkedinTwitter:  https://pstac.co/twitterTikTok: ...