Note buying is another strategy you can use to diversify your investments. You can make money from any kind of distressed mortgage note, but if you know the different stages and how much discounts you can get on each one, you can make a lot more.
Watch this video to learn more about the stages of distressed mortgages and how you can buy mortgage notes at great discounts!
Key Talking Points of the Episode
00:00 Introduction 01:09 Scratch-and-dent loans 01:36 Slow-paying notes 02:06 Non-performing loans 02:43 Notice of default stage 03:32 Notice of sale
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By: The Lee Arnold System of Real Estate Investing Title: How to Buy Mortgage Notes at GREAT Discounts Sourced From: www.youtube.com/watch?v=tszcHb-Spo4
