169 The Current Note Market with Joe Varnadore on Passive Accredited Investor Show
Channel: Carolina Hard Money for Real Estate Investing
Date: 2021-08-05

Every Thursday at 1:00 PM Eastern, join Bill & Wendy LIVE for the Passive Accredited Investor Show!

Today, Joe Varnadore of NoteSchool joins the Carolina Capital Management team to discuss the current state of the Note Market!

Investing in his first property at the age of 19, Joe Varnadore learned the importance of using creative financing to make the deal work. Since then, he has created and brokered more than $30MM in note transactions on residential and commercial properties. 

As an author, speaker, and trainer for the past 25 years, he believes that there has never been a greater opportunity for real estate investors to use non-performing notes to acquire properties and seller financing to cash out.

Timestamps:
0:01 - Introduction: “How the note business is affected during the pandemic”
2:10 - https://www.CarolinaHardMoney.com
2:32 -  Wednesday with Wendy: https://calendly.com/wendysweet/wednesdays-with-wendy
4:23 - Today’s guest: Joe Varnadore of NoteSchool
5:08 - How Joe Varnadore gets started in the note business.
6:29 - NoteSchool’s Industry Update for the month of July 2021
8:17 - to request for a copy of the slides email: info@NoteSchool.com, 
Subject Line: Market Update July 28, 2021 
8:33 - Mortgage rates continue a downward spiral
9:08 - Mortgage Credit Availability Index Drops 8.5% in June
10:47 - Purchases of luxury homes surge.
12:25 - Investors snap up more single-family homes during the pandemic.
13:06 - Landlords brace for impact as more tenants can’t pay rent.
13:29 - CDC issues new eviction ban effective Oct 3rd
14:02 - Facts about the current real estate market
16:30 - CDC has no authority to put a ban on evictions
19:44 - When people are not paying their mortgages it becomes an opportunity for other people. 
22:36 - There are a lot of burnt-out landlords out there that want to sell.
24:02 - How to connect with Joe Varnadore - https://www.NoteSchool.com

Carolina Capital is a hard money lender serving the needs of the “Real Estate Investor” and the "Small Builder" borrower who is striving to build wealth and generate income for themselves and their families. We offer “hard money rehab loans” and "Ground-up Construction Loans" for investors only in NC, SC, GA, VA, and TN (some areas of FL, as well).

As part of our business practices, we also serve as consultants for investors guiding them to network with other investors and educating them in locating and structuring transactions. Rarely, if ever, will you find a hard money lender willing to invest in your success like Carolina Capital Management.
 
Listen to our Podcast: https://thealternativeinvestor.libsyn.com/ 
Visit our website: https://carolinahardmoney.com 
YouTube Channel: https://www.youtube.com/channel/UCYzCFOvEt2n9TchgECLwpww/ 
Facebook: https://www.facebook.com/CarolinaHardMoney/ 

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