Creating deals out of thin air?
Sounds like some sort of sleight-of-hand trick. But it’s not. It’s doable, perfectly legal and very profitable.
Hey Moguls, Jason Lucchesi here to talk about notes—a subject that I get lots of questions about. Many of you have been asking me for more information about notes. So, this lesson is it!
This strategy is one of the most lucrative that we’ve been using here in my business. It allows us to, literally, create deals that normally wouldn’t have been there. This is because of our particular strategies on non-performing notes.
Working with the Big Boys
Keep in mind that we have relationships with bank asset managers, which means we’re working at the state level and the regional level. Unless you have 1 million proof-of-funds letter, it’s going to be extremely difficult for you to try and get into the top 25 national banks.
Trying to crack the code to getting in with…
Jason Lucchesi
Jason Lucchesi is the co-founder of real estate and marketing company Global Fortune Solutions, LLC. Jason has been in the real estate industry since 2002, where he began his career as a Loan Officer. His career flourished in the mortgage business when he accepted an Account Executive position with Countrywide in 2004. Within his first six months, he had achieved the #1 Account Executive in the Midwest territory. In January of 2006. During this time, Jason began investing part-time in multi-family rental properties while also becoming involved in wholesaling. By 2006, Jason was transferred to the Indianapolis area to save a struggling branch. He quickly took the branch out of the red into the green while also beginning to purchase distressed residential properties part-time. In 2007, Jason began pursuing his ultimate dream of becoming a full-time real estate investor and began investing in REOs in 2008. Since then, Jason has been involved with many aspects of real estate including short sales, tax sales/deeds purchasing, purchasing homes in distress, wholesaling, and many other avenues. Jason has been married to his wonderful wife Jamie since 2007, and they are proud parents to their sons Brady and Gavin.