Choosing the correct mortgage servicer for your notes

Choosing the correct mortgage servicer for your notes

Choosing the correct mortgage servicer for your note investing business is not simple. In this episode I discuss how to choose the correct servicer for your business. It does not always come down to cost. You should choose the servicer based on the services they provide. Then compare this to the services you are looking to do in house. I have a recent case study where a newer investor went with a cheaper servicer and…

Choosing a Real Estate Market To Invest In - Mortgage Notes

Choosing a Real Estate Market To Invest In – Mortgage Notes

Choosing a Real Estate Market To Invest In – Mortgage Note Investing. In this episode of my morning drive. I discuss choosing markets to invest in and how investing in notes can be slightly different than investing in real estate markets. With mortgage notes, they are not as cyclical as real estate pricing in a given market. So owning more notes in a market where you have a team in place can provide safer returns.…

Converting a Contract For Deed to a Mortgage Note

Converting a Contract For Deed to a Mortgage Note

Converting a Contract For Deed to a Mortgage Note. In this episode of my note investing journey on my morning drive. I discuss the process I am currently going through of taking a contract for deed. We are going through the cancellation and converting it into a sale and origination of a new note. This process includes a team of an attorney and a registered mortgage loan originator. They will go through the process to…

Note Investing - Investor Questionnaire and its Importance

Note Investing – Investor Questionnaire and its Importance

Note Investing – Investor Questionnaire. In this episode of the morning drive I talk about the importance of getting an investor questionnaire. We also discuss how to use the questionnaire to assist you in your business and the information it contains can propel your business to the next level. The data and information in the questionnaire can be extremely handy in your real estate business. Check it out and check out our website and podcast…

Note Investing - Understanding Indemnification

Note Investing – Understanding Indemnification

Note Investing – Understanding Indemnification. In this episode of the morning drive I talk about indemnification language in real estate contracts. While I am not an attorney this is an important clause in contracts that you need to truly understand. You want to make sure your company and your assets are protected. I am currently reviewing three property management agreements and the language is not all the same. one even includes that I would be…