FAQ Mortgage Note Lab
How often does the Note Assistance Program™ hosts the Note Labs?
We host four (4) Note Labs a year. Located in New York, Houston, TX, and Los Angeles.
Where are the Note Labs held?
We host two in Los Angeles, one in Houston, TX, and one in New York.
Can you do a Note Lab for my investment group or group of investors?
Please reach out to us directly at [email protected] to discuss a special group arrangement.
Can anyone attend the Note Lab?
Yes! This is an introductory course to real estate note investing. No minimum experience or certifications needed. Many decide to make it a family affair. Minors 13 years and older special discounts apply.
How old do you have to be to attend the Note Lab?
Minimum age of 13 with parental supervision
If I attend the Note Lab will I get access to the tape?
You will get access to the tape for three months after graduation. If no further communication is rec’d the tapes will cease delivery.
Who teaches the Note Lab?
The two main Note Lab instructors are Jasmine Willois and Natosha Navarro who are the President and Vice President of The Note Assistance Program™. There will also be several black book Keynote speakers throughout that will give you access to the same resources that banks use on a daily basis!
How many executives can attend per paid ticket?
MNL is a 2 for 1 event. One ticket must be purchased and a + 1 can be added. The plus one is optional. Single tickets are $1,100 each, you must call 72 hours BEFORE class to add your +1.
How many hours of training should we expect?
The two-day event is approx. 9 hours each day
Are there hotel discounts available?
Yes. Please reach out to us via email at [email protected] for the discount code.
What is a supplement booklet?
The supplement book is filled with all of the forms, scripts, and documents that the Note Assistance Program™ uses on a regular basis for their Members. It is FREE to paid N.A.P members and $100 to those who do not join.
Are there videos we can watch instead of attending or in addition to attending the Note Lab?
The event is private and not recorded or streamed. We do offer a self-study on line course for $3,995.
What material can we cover in preparation for the Note Lab?
We have several recommendations, please contact our Executive Assistant to get a list of movies, books, and YouTube videos we approve. If you haven’t heard of BULLET PROOF by Alex Goldovsky please check it out!
Do I need the one-on-one coaching if I attend the Note Lab?
This depends on what you are trying to achieve. The Hands-On training is catered to the individual. Thus, this will be determined upon completion. Decisions will be based upon the level of understanding demonstrated in the classroom, your past experience and what goals you have set for firm. Many investors choose to join for access to the community and
How do I get qualified for the Trade Desk after the Note Lab?
You will be given an application to fill out in order to get approved access to the Trade Desk.
Can I bring a guest with me to the Note Lab?
You may bring one guest with you as part of your purchase.
If I join the one-on-one coaching can I bring a partner?
2 tickets to the MNL are included with the purchase of the Hands-on training. You have a full calendar year to redeem.
Are meals provided during the Note Lab?
Light beverages and snacks are provided throughout the day such as coffee, water, bagels, and desserts.
If I attend the Mortgage Note Lab first will I get a discount off of the one-on-one coaching if I decide to join after the fact?
Typically the firm will allow attendees to credit their Mortgage Note Lab expenses to the Hand-on training on during the 2 days of class. However, this is not guaranteed and is ONLY valid to attendees and on location of the current event.
If I join the one-on-one coaching first am I able to attend the Note Lab for free?
Yes, you are able to attend one Note Lab for free within the first 12 months of you joining the one-on-one coaching program.
How can I access the tape?
Currently, there are four ways to get access to the tape. Investors can get access to our inventory by attending the MNL (Mortgage Note Lab); attending ICX (Inner Circle eXchange); graduating from the Hands-on program, or completing the Online program.
How much capital would you suggest one has set aside to buy their 1st note and join the N.A.P?
The average 1st time real estate note investor should have 30k – 40k for their 1st investment. That will cover the Hands-on training, acquisition of the 1st note and cost to successfully foreclose should the need arise.
Is there financing for the N.A.P?
It is expressly acknowledged by Purchaser of our services and attendees of our events that no financing for this transaction shall be provided or offered by The Note Assistance Program™.
Do I need to have a LLC to purchase a note?
It is recommended that you use a SDIRA (self-directed IRA) or another corporate entity to acquire note.
FAQs Online Training
Do I need any prior Note experience before I join the online program?
Although it helps to have some exposure to the real estate investment arena, no prior note experience is necessary to take the online course.
What type of support, on-going or otherwise comes with the course?
The online platform comes with limited technical chat support ONLY. This is a self-study course and no further assistance is available outside of trade desk inquiries.
Will I be able to buy notes from the Trade Desk once I complete the online training?
You will be allowed to apply to the trade desk once you complete the online training. Your course completion rate and grade will be considered. Once approved, online graduates will get our monthly tape complimentary for 3 months while your application is reviewed.
What will I learn with the online courses?
The online course is intended to show you the ins and outs of note investing. You will be shown our complete proprietary process from A-Z on how to source, perform proper due diligence, negotiate, purchase and profit from mortgage notes.
How long will I be able to view the videos?
You will have access to the videos for 1 year after activation. You can go through them at your own pace as many times as you want. So, once you buy the course it will be in your Note Assistance Program™ account and available for you as long as you have a Note Assistance Program™ account.
Can I share this course with a partner?
Only one login is issued per purchase. You are able to share this training with a business partner, JV partner, or a significant other without violating our agreement.
How do I log in to get access to the courses?
Once your purchase is completed you will be emailed a username and password to gain access. You can log in directly through the website by clicking on “Login” at the top of the page and then selecting “Courses”.
Are there tests/quizzes after the courses that I need to pass?
There are not any tests or quizzes, however, you will not be able to move to the next course until the previous one has been watched in full.
If I choose to join the one-on-one coaching after I finish the online course do I get a discount?
A 50% discount can be applied to HANDS-ON training within 30 days of course completion. Completion of the Online program does not guarantee admission to the one-on-one coaching program. The Note Assistance Program™ Online Training Program is a revocable license to our education platform. Management reserves the right, without the obligation to provide a full or partial refund, to refuse entry to or elect to suspend any person for any reason deemed necessary in the sole discretion of management.
If I choose to attend the Note Lab after the online course do I get a discount?
There is no discount for the Note Lab when you purchase the online training? All services are priced a la carte.
How are the courses set up (i.e. modules/screen sharing/live) etc?
The courses are setup as modules that have been prerecorded. The instructor is doing a screen share and you can hear them speaking as they walk you through the training.
Is there financing for the N.A.P?
It is expressly acknowledged by Purchaser of our services and attendees of our events that no financing for this transaction shall be provided or offered by The Note Assistance Program™.
How can I get access to the tape?
Currently, there are four ways to get access to the tape. Investors can get access to our inventory by attending the MNL (Mortgage Note Lab); attending ICX (Inner Circle eXchange); graduating from the Hands-on program, or completing the Online program.
Trade Desk Rules & Policies
1st Right of Refusal Rules:
In the event the seller offers assets for sale on our trade desk the buyer who is granted the first right of refusal to purchase must execute this right by entering a contract of sale within 2 business days or 48 hours after the contract is received. The seller has the right to revoke his privilege if fund date is missed without communication by 24 hours, and with or without communication after 48 hours. The trade desk has the right to shop deal around to other members after said deadline. Transactions can be canceled by the buyer in writing by sending a withdrawal request to [email protected]. The seller has the right to decline offers based on the ability to fund, thus stripping the 1st right from the buyer.
All offers MUST be placed in writing via email to [email protected] to be considered valid.
1st right of refusal is granted by email timestamps ONLY!
We use third-party escrow to close a majority of our deals.
Trade desk fees not received within 5 business days after Fund date will result in a 2-month suspension from Trade Desk.
If you go to contract and do not fund 1st time 6-month suspension. 2nd-time-lifetime ban.
All due Diligence is expected to be completed before going to contract with the exception of title.
Outstanding contracts must be signed within 2 business days of receipt or contract will be canceled and asset back on trade desk.
If you counter an offer you are no longer in control of the asset, the seller has the right to put asset back on trade desk.
We reserve the right to refuse service and access to anyone.
Shopping or wholesaling or tape is STRICTLY prohibited. Anyone caught in a daisy chain will have their relationship terminated immediately.
There are no refunds of Trades Desk fees.
Members ONLY
Only 15% or less of the vetting forms submitted to our trade desk for new buyers get approved. Our strict screening process allows the sellers the confidence to trust us with their assets and keeps inventory protected for existing members. The top 4 reasons applications get rejected are:
1. Incomplete application
2. No experience (seasoned investors need only apply)
3. No references
4. Not accredited
Learn more about membership and access to the trade desk by visiting noteassistanceprogram.com or TEXTING (855) 541 6683
Mortgage Note Investing E-course
Created for the smaller private placement and accredited investor in mind this E-course is a great way to further business development! We aim at enhancing the access, participation and performance of all those in the industry. Our proprietary system is renown for its success levels, due to our unique yet simple approach to old complicated industry problems. If you can't make it to a LIVE event this is the next best way to join our community!