Mortgage Note Investing
Did you know you can become the bank and own a mortgage for a borrower backed by their house?
Discover the benefits of secured cash flows by becoming an investor without the traditional Real Estate investing headaches.
Featured asset
| Property Address: | St Abilene, TX 79605 |
| Property Type: | SFR |
| Occupancy: | Owner Occupied |
| Sale Date: | 1/24/23 |
| Sales Price: | $175,000 |
| Down Payment: | $20,000 |
| Loan Amount: | $155,000 |
| Current UPB: | $154,398.94 |
| Principal and Interest: | $1,360.24 |
| Rate: | 10% |
| Last Paid: | 10/26/23 |
| Next Due: | 11/15/23 |
| Payments Made: | 8 |
| Payments Left: | 352 |
| BPO Value: | $160,000 |
120 month partial for sale: Purchase Price: $103,930
What is a Note?
Notes vs Rentals
Notes vs Rehabs
Note vs Wholesale
Notes vs Stocks
