Documents

Welcome to the Documents Section of this site!  While you are free to download these documents, please keep in mind that I am providing them to you as a courtesy example of the ones that I use.  They are only SAMPLES.  I am not an attorney,  nor am I giving legal advice.  You should have all documents found on this site reviewed by your attorney for adherence to your State and Local laws.

Ads to Find Investors to Buy Note
Use when Optioning a Note to Other Private Real Estate Investors

Assignment MPA
Use when Optioning a Note to Other Real Estate Investors

Assignment of Deed of Trust
Used to Transfer the Deed of Trust from the Lender to You

Assignment of Mortgage
Used to Transfer the Mortgage from the Lender to You

Attestation Letter
Is the Seller Direct or Just a Broker? Find Out w/ This Form

Attorney Letter for Defaulted Paper
A Letter from Your Attorney May be the Best Way to Get the Bank’s Attention

Commercial Terms
Curious About the Meaning of Some Commercial Terms? Read Here!!

Deed in Lieu of Foreclosure
When You Don’t Want to Foreclose on the Seller, but you DO Need to Control the Property

Defaulted Paper Due Diligence Checklist
Be Sure and Check These Items BEFORE You Bid or Buy Defaulted Paper

Joint Venture Worksheet
Determine EXACTLY how You and Your Equity Partner Will Work Together

Option to Purchase Form
Like a Real Estate Contract, this Note Contract Locks Down the Purchase Criteria

Partner Worksheet
Taking on a Partner? Who Does What?

Pool Purchase Contract
SAMPLE ONLY – When Flipping Pools, Contract Will Be Prepared By End-Buyer

Possible Lender Questions
Be Prepared with a Good Answer In Case Your Seller Asks These Questions

Preferred Pool Spreadsheet Format
Get as Much Information on This Sheet as You Can to Facilitate Pool Purchase

Profits with Pretty Paper
Understanding the Basics of Paper – Current Balance, Terms, Profitability and Yields

Profits with Ugly Paper
Defaulted Paper – You Need to Know HOW to Play the Game

Promissory Note Endorsement
Used to Transfer the Note from the Lender to You

Receivable MPA
Receivable Mortgage Purchase Agreement

Sample L.O.I. – General
General L.O.I. for Pools and Sample Mutual Non-Disclosure Agreement

Sample L.O.I. – Intent to Bid on Pools
Letter of Intent to Purchase Specific Pool of Non-Performing Assets

Sample Note
Used If/When the Seller of the Property Wishes to Carry Paper

Satisfaction of Lien
Filed When the Note is Paid Off, Either In Full, or via Short Sale

Script: Mortgage Banker Bulk
If You Want to Buy Multiple Notes (Ugly Paper), Try this Script

Script: Mortgage Banker One Off
This is the Script You’ll Want to Learn When Buying Short Paper

Short Sale Acceptance Letter
Buy the Note – Then Give the Seller/Closer This Letter with a “Short” Payoff

Tips for Finding Note Holders
Bob & Jayme’s Resource List and How We Use It

Tips on Raising Private Money
Here are some practical tips on raising capital from Private Lenders

Types of Mortgage Lenders
Who Sells Their Note, and Who Doesn’t?