Mortgage note investing involves a lot more than simply finding a loan and buying it. 🔍📄 Whether you’re looking at a performing or non-performing note, due diligence matters. That means understanding the property value, payment history, interest rate, taxes, insurance, and anything else that could affect the investment. But with a non-performing note, there’s another important piece: problem solving with the borrower. 🤝
Sometimes the borrower simply wants a path to get back on track. Other times, the best solution may help them move on from the property while protecting their financial stability. If the loan becomes performing again, the investor may be able to continue collecting payments or potentially sell the performing note. Want to learn more about mortgage note investing? Let’s talk. 📞 303.912.5394 ✉️ [email protected]
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By: Colin Whitenack | Real Estate & Investing Title: How does investing in a non-performing mortgage note work? - Colin Whitenack Sourced From: www.youtube.com/watch?v=gxiK62dzE34
