Performing Notes: A Comprehensive Overview by Fitzgerald Advisors
Performing notes, also known as real estate notes, can provide investors with a valuable source of passive income. However, it’s essential to understand the critical aspects of performing notes before investing. Fitzgerald Advisors is here to help provide you with a comprehensive overview of performing notes and what you need to know.
What are Performing Notes?
Performing notes are investment vehicles that allow individuals to earn a regular income from the payments made on a real estate loan. These notes represent the loan taken out by a borrower to purchase a property, and as the note holder, you have the right to receive the payments made on loan. The term “performing” refers to the borrower consistently making timely payments, allowing for a steady income stream for the note holder.
Critical Considerations for Investing in Performing Notes
Loan Type: It’s essential to understand the loan type used to finance the property, as this will impact the interest rate and payment schedule.
Property Type: The type of property being purchased with the loan can also impact the potential income from the performing note. Consider location, property type, and market conditions when evaluating potential investments.
Loan-to-Value Ratio: The loan-to-value ratio is an important consideration, as it determines the amount of equity the borrower has in the property. A higher loan-to-value ratio can indicate a higher level of risk for the investor.
Payment History: The borrower’s payment history is a critical factor in determining the stability and potential income of the performing note. Ensure the borrower has a consistent history of making timely payments before investing.
How to Invest in Performing Notes with Fitzgerald Advisors
Contact Fitzgerald Advisors: To get started, contact Fitzgerald Advisors by phone or email to request more information on their performing note services.
Receive Information on Available Notes: Once you have contacted Fitzgerald Advisors, you will receive information on the available performing notes, including details on the properties, loans, and income potential.
Choose a Note: After reviewing the available notes, you can choose the note that best meets your investment goals and needs.
Invest: Once you have chosen a note, Fitzgerald Advisors will handle the process of acquiring the note, allowing you to focus on earning passive income from your investment.
In conclusion, understanding the critical aspects of performing notes is essential for making informed investment decisions. Fitzgerald Advisors is here to help provide you with the information and resources you need to perform notes confidently.
By contacting Fitzgerald Advisors, receiving information on available notes, choosing a note, and investing, you can benefit from the income potential of performing notes and move closer to achieving your financial goals.