4.3 • 602 Ratings
🗓️ 11 October 2021
⏱️ 38 minutes
🧾️ Download transcript
Landlords collect rent payments. "Lienlords" collect mortgage payments.
Learn how to obtain a stream of mortgage payments by owning the note (an IOU).
I tell you why banks would sell mortgage notes.
Learn the difference between performing and non-performing mortgage notes.
Bob Fraser from Aspen Funds joins us to tell us more.
Fewer borrowers defaulted on their mortgage payments in-pandemic due to forbearance.
Learn why a bank will sell you a mortgage note at a discount.
What happens when a borrower stops paying their mortgage.
There are either first lien or second lien positions to occupy. You wouldn’t expect this, but second liens can often be better due to their deep discounts.
Resources mentioned:
Learn more about Aspen Funds:
Get mortgage loans for investment property:
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0:00.0 | Welcome to GRE. I'm your host Keith Weinhold. Most investors don't know that you can be the bank and hold a mortgage note for real estate. |
0:08.8 | That's because financial companies would rather have you get into stocks or bonds. |
0:13.0 | It's a little used but historically proven way to generate a stable, high-yield income stream for yourself with mortgage note investing and education about that |
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0:59.6 | Hey, is your IRA in a real estate syndication? Yikes, a 37% U-Bit tax could hit you, but you still |
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1:35.1 | You're listening to the show that has created more financial freedom than nearly any show |
1:40.7 | in the world. This is Get Rich Education. |
1:58.1 | Welcome to GRE from Durango City, Mexico to Durango, Colorado, and across 188 nations worldwide. |
2:04.6 | I'm Keith Weinhold. |
2:05.8 | This is Get Residication. |
2:07.5 | You know, one thing I've learned from being a longtime real estate investor is that people are often surprised that you can be the bank. |
2:16.4 | When you sell a property, you could offer seller financing to your |
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