28: Note Investing and Raising Private Money with Dave Van Horn

<p>On today’s episode of the BiggerPockets, we’re going to dive into an area of real estate investing that is largely unknown, yet can be one of the most passive forms of earning lucrative returns: note investing. Our guest today is&nbsp;Dave Van Horn, who has been actively investing in real estate for more than twenty years and currently runs a very successful note business, PPR Note Company. In addition to information on notes and passive income, Dave also has a ton of great tips for any investor looking to raise money for their real estate deals – so definitely don’t miss this valuable and informative show!</p><p><a href="https://www.biggerpockets.com/bpp28-dave-van-horn-podcast-transcript-note-investing-private-money" target="_blank">Read the transcript to episode 28 with Dave Van Horn here</a>.</p><p>In This Show, We Cover</p><ul><li>How Dave used&nbsp;other people’s money&nbsp;to buy real estate</li><li>Attracting&nbsp;private lenders&nbsp;through proper networking</li><li>Dave’s beginning journey into&nbsp;note investing&nbsp;and “Soft-Hard Money”</li><li>Why people sell notes … for&nbsp;steep discounts.</li><li>Buying “delinquent mortgages” for incredibly low amounts</li><li>The kind of&nbsp;discounts&nbsp;you can get from second mortgages</li><li>Strategies for dealing with&nbsp;delinquent payments</li><li>Three ways&nbsp;to get started buying notes</li><li>How much you need to&nbsp;get started&nbsp;investing in notes</li><li>Unique ideas for&nbsp;raising capital&nbsp;and finding accredited investors</li><li>Staying out of trouble when dealing with&nbsp;accredited investors</li><li>The mistake that&nbsp;cost Dave’s company $10,000&nbsp;when dealing with investors</li></ul><p>Links from the Show</p><ul><li>BiggerPockets&nbsp;<a href="http://www.youtube.com/biggerpockets" target="_blank">YouTube Chanel</a></li><li><a href="https://www.biggerpockets.com/blog/2013/07/11/bp-podcast-real-estate-business-scalable-clothier/" target="_blank">BP Podcast 026: Building a Scalable Real Estate Business and Te