How Do You Make Money With Discounted Car Notes?
Most people know what its like to pay a car note, but not many people know what its like to be on the receiving end of a car note i.e. the person receiving the payments. Investing in the financing for used car dealers is a little known opportunity to make a great deal of money. When you invest you have a note receivable, the used car dealer has cash, and the customer has the car so it is a win, win, win situation for everyone. Call your states department of banking and have them send you all of the license applications and forms. Get your money source. You will be purchasing used car notes at a discount so you will need between $2000 thru $10000. Search for prospective used car dealers. Present your service to the used car dealer. Emphasize the fact that if he provides financing to his customers and sells the note to you at a discount, he can sell more cars, raise his prices and get his money upfront. After dealer accepts, get a loan contract ready. The dealer calls you with an applica
