Did you know banks create US dollars out of thin air when they create loans? I can't do that but I can do something similar. I can create a note and mortgage secured by my free and clear real estate. It's denominated in dollars. It pays dollars. It itself is not dollars. But I can spend it just like dollars as long as somebody has something that I want and they will take my note in exchange for it. #retwit #FinTwit
@CreateNotesOnRE You’ve entered @CaseyMericle and @REExchangor levels of “sooo much smarter than me”
@CreateNotesOnRE What's your personal metric for leverage on cashflow from a property vs debt service? Like, if I have a property I own F&C, would you ever write notes on it that exceed it's cashflow? I know it's based on risk desire, that's why I asked personal metric. Thanks!
@CreateNotesOnRE What LTV do you usually aim for on these notes your are creating?
@CreateNotesOnRE How do we submit deals to you