Manage episode 264111048 series 1883803
Eddie Speed is the President and Founder of NoteSchool, a business that educates and trains real estate investors on buying secured notes. He has over 30 years of experience in the discount note buying industry and has purchased over 40,000 real estate secured notes with more than $500-million total value. His experience allows him to provide comprehensive training programs available in home study courses, personal mentorship, and live seminars. Eddie specializes in finance notes, training program design, and real estate consultations.
In today’s episode, Eddie shares his thoughts on creative financing and why it’s trending. He explains how the COVID-19 pandemic will change the way we conduct real estate transactions. He describes his financial structuring technique and how you can structure it in a way that allows you to get a discount. Eddie also discusses his experience in previous market recessions and what he thinks we should expect with the current cycle.
"Knowing how to structure the financing so you can get that discount is the key to business." - Eddie Speed
On Today’s Episode of Flip Talk:
- What creative financing is and why it's trending.
- How the COVID-19 pandemic made real estate investors prefer creative financing.
- Why we should pay attention to the mortgage industry.
- The mechanics involved in structuring a deal.
- How Eddie accidentally stumbled onto real estate.
- How the current market cycle will affect real estate.
- Eddie's tips on structural financing.
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