IMPORTANT: Before you delete a Note we highly recommend that you export both the Note and the payment data to your local machine as deleting the Note will also delete the attached payment history for that Note. To Delete A Note: Click on the ‘Notes‘ Tab. Click the ‘Edit‘ link next to the Note that …
To link buyer(s) to a Loan or Lease Purchase Note first click the ‘Edit‘ link to the right of the Note record that you want to update: Click the ‘Edit Record‘ option to the top right of the screen: Navigate to the ‘Buyer Information‘ section and under the ‘Primary Buyer‘ field select a Buyer Contact …
Notes: How To Link Buyers To a Loan or Lease Purchase Record Read More »
When your Buyer sends you a loan payment each month you’ll need to manually log that payment into the system so that the system can properly calculate the remaining balance of the loan as well as your property tax and HOA/POA escrow account. To log a loan payment first click on the ‘Edit‘ link next …
If your Buyer wants to pay off their Loan Note early, or Buy a Lease Purchased property prior to the completion of their lease term, then you can generate a payoff amount for them easily in the system. To access a Note’s ‘Payoff Amount‘ first click the ‘Edit‘ link to the right of the Note …
To make changes to a Loan or Lease Purchase Note first, click on the ‘Edit‘ link to the right of the record that you want to update. Next, from the Edit screen, click the ‘Edit Record‘ option located at the top right of the page: This will allow you to edit and save any portion …
How To Make Changes/Edits To A Loan/ Lease Purchase Note or Logged Payments Read More »
There are a few important differences as well as commonalities between a Land Contract, or what we refer to as a Loan in the Investment Dominator and in Land Profit Generator course, and a Lease Purchase Agreement that you should understand: A Loan Note in the system refers to a Land Contract agreement or Installment …
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There are two ways you can create a new Loan or Lease Purchase Note in the system: Navigate to ‘Notes> New Note‘ fill out the form and click the blue ‘Create Note‘ button at the bottom of the screen. 2) You can create a Note from the 2nd step of the ‘Payment Calculator‘ option screen …
When it comes to marketing land, many investors choose to offer two price points: one for a cash purchase and one for a purchase that includes terms. Let’s talk about calculating the terms of a sale with seller financing. Unless you have the Rainman-esque ability to calculate large numbers in your head on the fly, chances …
Payment Calculator: How to Calculate Loan/ Lease Terms on the Fly (for Land Investing) Read More »
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