This meeting will be held at the Santa Barbara Fess Parker Doubletree Resort
Get In FREE – all meeting First Timers get in FREE!
If you bring 1 or more First Timers you get in FREE too!
If you have been to one of our meetings
We know who you are and where you live 😉
$10 – RSVP Purchase Here or at Meetup
$20 – Cash, Check, or Credit Card at the door
Parking is FREE if you bring in your ticket for validation.
If you don’t validate you might have to pay about $3 per hour for parking.
1:00pm – 1:30pm – Coffee, Networking, Fiesta Room 3rd floor
1:30pm – 2:30pm – Dan Ringwald – President of Santa Barbara REIA
Dan Ringwald – 805-242-3004 Google – Voice / Text
We are pleased to share this investor interview from the Directory of Note Buyers and introduce you to Troy Fullwood, owner of Pinnacle Investments. Troy learned the ropes flipping notes in the late 90s and then started buying notes in-house. Based in Arizona, Pinnacle Investments buys nationwide and will consider both performing and delinquent real estate notes that were created through seller financing or loan origination.
Troy Fullwood: 90% of our focus is SFR first lien 1-4 units Performing and Non-Performing Notes.
How did you get your start in the note business?
I got started back in 1997 by flipping notes to the Associates Financial Services. I did that for 2 years before I went and secured a line of credit to purchase notes for myself (It was a great way to earn while I learned the business).
What unique benefits does your note buying company provide?
Sole decision making process, Quick closing timeframes.
What type of real estate notes will your company consider funding?
Performing Notes Guidelines:
- Location: Purchase Nationwide
- Note Size: Min. 10k to Max. 500,000K
- Property Type: SFR, SFNO, MH w/land, Condos, 2nd homes, Townhomes, 1-4 units.
- Credit: Min. 550+ Credit Score
- LTV: 95%
- Payment Seasoning: Min. one payment
Non-Performing Notes Guidelines:
Pricing is based on asset quality – each deal is measured on its own merits.
Where can someone contact you to obtain more information?
SBREIA Vendor Tables
We usually have about 4 or 5 vendor tables for vendors to display their business information and meet and greet our members to share their business services. Vendor tables are $50 each and are about 4′ x 6′ provided by Fess Parker. If you would like to promote your business at a vendor table please can Dan Ringwald at 805-242-3004 to reserve your table before they sell out. If you are wondering what the Fiesta room and vendor tables look like please see our pictures from our past SBREIA Meetings
The first half hour of our meetings are for our members to network with each other and see what investments strategies are working and what are not. Don’t forget to bring your business cards and any handouts you would like to promote and your list of very important questions.
SBREIA Members – Bring in just 1 first time Guest or more and get in Free!
Sponsored by NH Big Inc
Call or Text Dan Ringwald with any questions anytime at 805-242-3004 cell
We look forward to seeing you at our meetings!