What to say to private mortgage notes lenders

When a private mortgage investor has obtained the phone number for a private mortgage notes lender, the private mortgage investor should make a phone call to the private mortgage notes lender. The private mortgage investor can say something like the script shown below.

What to say to a private mortgage notes lender

Hello. My name is ___________. I was at the courthouse today and noticed that you provided a private mortgage on the property located at _____________________. My partner and I buy private mortgages for all cash and I was just wondering if you would like to sell your private mortgage for all cash?

The answers from the private mortgage notes lender you will get

The private mortgage notes lender will either say (click on the links to expand):

• Yes
• No
• Maybe.

On top of these three answers, you may get something like "it's none of your business", "how did you get my phone number", or even "don't ever call me again". Don't be discouraged. It is the nature of the game. Sales people get much worse responses than that yet some succeed.