These are loans where the borrower is making regular, on-time payments. The goal here is passive income . The investor becomes the "bank," collecting monthly checks. The discount provides a "buffer" and boosts the effective interest rate.
Banks may need to clear their books to free up capital for new loans.
The primary reward is the created by the discount. Note investing allows for diversified portfolios across different geographic markets without the need for local property management. Furthermore, as a lienholder, your investment is secured by the collateral of the real estate.
Buying Discounted Mortgage | Notes
These are loans where the borrower is making regular, on-time payments. The goal here is passive income . The investor becomes the "bank," collecting monthly checks. The discount provides a "buffer" and boosts the effective interest rate.
Banks may need to clear their books to free up capital for new loans. buying discounted mortgage notes
The primary reward is the created by the discount. Note investing allows for diversified portfolios across different geographic markets without the need for local property management. Furthermore, as a lienholder, your investment is secured by the collateral of the real estate. These are loans where the borrower is making