{"type":"rich","version":"1.0","provider_name":"Transistor","provider_url":"https://transistor.fm","author_name":"Owner Financing & Note Investing Podcast with Dawn Rickabaugh","title":"Beyond Face Value: Understanding What a Note Is Worth","html":"<iframe width=\"100%\" height=\"180\" frameborder=\"no\" scrolling=\"no\" seamless src=\"https://share.transistor.fm/e/ad39c10a\"></iframe>","width":"100%","height":180,"duration":1096,"description":"In this episode of Property & Paper Live, Dawn explores how understanding both real estate and the secondary note market can uncover opportunities most agents and investors overlook. Using a real seller-financed note as an example, she explains why a note’s face value doesn’t determine what it’s actually worth—and why factors like property value, loan-to-value, payment history, borrower credit, note terms, and overall risk all matter when evaluating a deal. She also discusses how partial note purchases can offer an alternative to selling an entire note at a steep discount, and how agents can expand their opportunities by learning to work on both the “property” and “paper” sides of a transaction.","thumbnail_url":"https://img.transistorcdn.com/tbyyRPGvNoMvrBi0_s1BFCmu1viDlUkJDqBggNAhMWE/rs:fill:0:0:1/w:400/h:400/q:60/mb:500000/aHR0cHM6Ly9pbWct/dXBsb2FkLXByb2R1/Y3Rpb24udHJhbnNp/c3Rvci5mbS9iN2My/NTUyZmI0OGQ3YTdm/ZDg2MzdkNWJhOGM2/YjI1ZS5wbmc.webp","thumbnail_width":300,"thumbnail_height":300}