How Buying Real Estate Mortgage Notes Provides Less Risk For Investors

[@ClintCoons]

If you are a business owner, real estate investor, or active investor, please request your free 45-minute strategy consultation with Anderson Business Advisors 👉 aba.link/qyb

[@EK-vr3li]

Bill seems like the real deal! He's the third Note expert I've listened to and the only one that didn't act like a carnival hawker.

[@alfredagreen336]

This guy seems so calming, when he speaks, not like others; thank you.

[@jaydubb85]

You use a payment processing company to handle the payments, and the homeowner just pays the processor, and the fees.

[@sangdang1988]

Thanks Clint for posting this great interview. Very informative and great content as always.

[@ellenoir5678]

Mortgage note investments is clutch for real estate investors

[@Organizer14669]

Can someone check if federal US gov require any paperwork or registration to provide mortgage promissory notes? It meets a real need in real estate, however to comply with federal and Wash dc laws, it would save lots of time to know if there are gov manitou requirements. Thank you very much!

[@eddierobles2137]

Thank you for this video . Very informative 👏👏

[@ClintCoons]

Glad it was helpful!

[@dbeststuff777]

Awesome thank you for sharing, if I live on a property but am not on the lease, can I buy the note ? If yes, could I evict the people on the lease?

[@ClintCoons]

Not with the note but if you buy the property then you can.

[@organizer14]

How to check if the prospective Noteholder is real?

[@LAMusikShow]

hi do you buy performing commercial paper in CA? 1st position IO 36 months 8.5%

[@organizer14]

How much would the loan fees be for a 6 yr ballon payment term loan at a minimum?

[@richcascio]

Will a mortgage company actually sell at a discount unless the note is arrears?

[@danielacker3615]

Good info thanks

[@ClintCoons]

Glad it was helpful!

[@sirbey9608]

Can we instruct the trustee to discharge the MTG note is this possible?

[@Sunman9]

No way Bey

[@LEADEXECUTIVE]

So who legally have the rights to the house? Name on deed? What about heirs? Seems like too many variables.

[@ClintCoons]

The person on the deed owns the house.

[@brebre09shana]

It almost sound like he is a private money lender. So a investor/buyer(consumer) would come to him for funds. He has equitable interest in the home. But the owner is responsible for the house upkeep. The yard, maintenance, HVAC and etc would be the responsibility of the owner. Atleast this is how I understand it. The pml would have like a vendor's lien on the home to show his equitable interest

[@BillCoSmith]

My mortgage was just bought from my credit union.

[@sirbey9608]

Sold to the highest bidder

[@Eric_In_SF]

I had a friend that did this in low income and people that were desperate and in trouble. It’s a fairly predatory practice. He got out of it because of the morals behind it. Basically, someone’s in trouble and about to forclose you swoop in and and you pay off a loan that was taken 15 years ago when the house price was worth half. now you’re the owner of the house for its full current value for the price they paid 15 years ago and they are your tenants. You basically swoop in and take peoples houses from under them and you’re selling the equity to investors. Good money but pretty a tad sleazy. And they always call it “trading paper” to take the human element out of it so they don’t have to describe the fact that they’re taking houses and x years worth of equity. The value is in the difference between with the note was for and what the actual value of the houses in today’s market. There’s your Reagan era trickle down economics.

[@overcomer1236]

You are not understanding the business at all.

[@t.a.b.2450]

Except this is why we live in a debt enslavement system. Investors, hedge funds, banks and others commiting fraud on people by trading the rights of debt over borrowers from the original creditor for a fee. This is done with promissory notes, which aren't money and no money is in use.

[@chezking2048]

by law you can't just pull someones credit without them knowing. Contract will be voided if pulled without notification.

[@georgeprochnow7330]

Right. Grandpa informed us in the video.

[@MemphisRealtorAppraiser]

🚹

[@minutescouldsaveyoupercentormo]

we don’t care about himself or his story please get to the point my man’s i don’t have time to hear about people like that thank you (respectfully)

[@kakashigaiden24]

My thoughts today... jaja

[@georgeprochnow7330]

Patience is a virtue.

[@minutescouldsaveyoupercentormo]

@@georgeprochnow7330 time is non refundable-

[@jarjar3143]

How to be a criminal money launderer whithout be arrested .

[@aristotlekumpis7095]

Not really. These owners usually cannot get a conventional loan due to credit issues. So they resort to a private loan. Or if the loan is very small, most banks will not lend on it.

[@georgeprochnow7330]

Dur dur duurrrr.....

[@mjkharnplay]

I am trying to get more info....do you have a phone number that i can call?

[@ClintCoons]

If you would like a FREE 30-minute consultation, you can request one here - aba.link/30minSession

[@organizer14]

How much would the loan fees be for a 6 yr ballon payment term loan at a minimum?