Read... and You will Understand


93 pages - 8 1/2x11
New for 1998
"Excellent product... very easy to read and understand. The illustrations and case studies show you clearly and simply how to make big money in this industry."
- Victoria Pezza
Real Estate Instructor/Investing Expert

By Albert J. Lowery, Ph.D., MBA, MRE, GRI, CAM, CBC,CPM, RECI. An expert in his field, Dr. Lowry has graduated over 400,000 students in his Real Estate Investment Seminars. This is Dr. Lowry's newest book. Learn how to make money buying and selling mortgages.

Section 1 - What are Notes?

Notes and mortgages. Learn about interest, securing notes, the risks and rewards, note valuation, note terms, the laws and more.

Section 7 - Step-by-Step

Follow the real life of example of Joe and Judy, fresh out of college and no credit established. Learn how they get started, taking the path of least resistance, applying for loans, locating loans, finding properties, working with the seller, reselling and refinancing the property and more.

Section 2 - Unsecured Notes

Types of unsecured notes, unsecured claims, secured lien holders, using unsecured notes to buy real estate and more.

Section 8 - Using Notes to Sell Property

Here you will learn about carrying paper, rates of return, compounding, lowering your tax bracket and more.

Section 3 - Secured Notes

Here you will learn all about chattel mortgages, power of sale, notice of default, deficiency judgments, rights of redemption, notes secured by deeds of trust, notice of sale, note position, researching notes, curing defaults, foreclosing on the note and more. Includes handy illustrations.

Section 9 - A Seller's Dilemma

A real life example. Learn about selling out, dealing with Uncle Sam, the alternatives, making a good deal, price cutting, negative cash

Section 4 - Terms and Conditions

In depth coverage of: amortized notes, adjusting discounts, note position and value, interest only notes, payback periods, straight notes, deferred and innovative payment plans, accrued interest, making a chart to keep it all clear, graduated payments and more.

Section 10 - Buying Notes on the Open Market

When, where and how to buy notes. Covers market values, discounts, risks, advertising, buyers' note checklist, paper brokers, record keeping and more.

Section 5 - Creating Wealth

This section show you how to use notes to buy real estate, includes; creating benefits, depreciation, leveraging, increased interest deductions, secondary financing, fix-up financing and more.

Section 11 - Selling Notes on the Open Market

This section covers selling to long or short term investors, selling to Fannie Mae, selling back to borrower, trading, etc.

Section 6 - Obtaining Credit

Establish your financial identity, sources of funds, how to leverage, building credit reserve, credit reports, lenders' rules for qualifying, avoiding unassumable loans, "subject to" loans, and a real life example.

Section 12 - Special Clauses and Strategies to Increase Profits

Helpful hints for borrowers and lenders. Pre-payment penalties, due-on-sale clauses, subordination, balloon payments, paying lenders off at a discount, pre-payment bonuses, late penalties and more.


"Very well done... well laid out and easy to follow."
- Sandra Gregoriou
Pittsburgh, Pennsylvania

"How to Buy and Sell Mortgages"
8 1/2 X 11 93 Pages
$39.95 (plus s&h)

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