The Ins and Outs of Servicing Your Note

The End Goal is to Keep the Note! The ultimate point to the Filthy Riches approach is to sell your property and hold tight by servicing your note. What do I mean by this? Let’s backtrack a bit. In the Filthy Riches approach, a $30,000 property is bought for $5,000 and then resold for a $1,000 down and the seller (you) holds the remainder of the note through the duration of the loan. This means Read More