A seller of a real estate property may carry the financing for the purchaser. These are called Mortgages Notes, Trust Deeds, or Real Estate Contracts. At the time of the closing or a later date, the seller may choose to sell their interest in the Note for cash. Because of Time-Value of Money, the Note will sell at a discount, depending on the terms. You as a broker, may buy low and sell high for a profit.
Learn how to trade in Owner Financed Notes. Ron Heinze, CEO of PMI Funding is the author of a 150 page manual on how to get started in this multi-billion dollar industry.
