Leland von Syring has been buying and selling privately owned real estate notes for the past 18 years. He is an expert in the field and has taught the business to thousands of individuals around the country.
In 1997, Leland founded Charter Financial, which has now grown into one of the largest buyers of privately held real estate notes in the country. Leland offers an excellent program for individuals who are looking to add note brokering to their current business or for individuals who would like to make it a full time career.
We recently sat down with Leland and asked him to tell us more about this great opportunity. Leland says here are literally millions of people around the country who are receiving payments from real estate notes and many of them would prefer a lump sum of cash as opposed to waiting years to collect their money. He says that over the last several years the available inventory of owner financed mortgage notes has increased ten-fold due to banks making it difficult to obtain a home loan.
He goes on to say that his business has never been better because there are so many people who are in need of cash and because of this, note holders are selling their notes at a record pace.
Leland has created an excellent home study program “Building Wealth Together.” He calls it this because as a member of Charter Financial you actually become a partner in every deal you send to the company and the company doesn’t make money unless you make money.
When you submit a deal, Charter Financial will tell you exactly how much they will pay for the note then will allow you to subtract your fee and make an offer to the client. When your client accepts, you just turn the deal over to Charter Financial and they will do everything necessary to fund the deal.
For example, let’s say you submit a note for a quote and Charter Financial tells you they will pay $100,000 for the note. Let’s say you want to make $5,000 on this deal, you then subtract your fee from Charter’s offer and you make the offer to the client ($100,000 – $5,000 = $95,000). When the deal is completed, Charter Financial will pay the client $95,000 for their note and pay you a great fee of $5,000 for referring it to them.
The fees that you earn from each deal range from a thousand dollars to $50,000+. The average fee is around $3,000 per transaction and the average amount of time spent on each deal is around two hours. There are no licensing requirements because Charter Financial is not originating loans, just purchasing existing notes. You may work this business from anywhere in the country with no territorial restrictions and you make your own schedule.
Charter Financial will teach you all of the proven methods that you may use to locate note holders. Their training is a “packaged” offer that includes:
- An Excellent Home Study Manual – “Building Wealth Together”
- Online Training Materials
- Free Tele-Seminar and Webinar Training Sessions
- Telephone and Email support
- Incentive Bonus – $195 for your first deal, $250 for your second and $500 on your third. These bonuses are in addition to the fees you will be earning on each transaction.
- Charter Financial does all the paperwork for you on your deals (at no cost to you)
- 30 Day Money Back Guarantee
Charter Financial is an industry leader and have been in business for over 18 years. They are members of the Houston Chamber of Commerce and are an A-Rated BBB Company that offers the best training and support in the industry.
Learn more about this great opportunity by visiting brokeropp.com