Well first, we need to ask what a “Note” is in the Real Estate world. In the United States, a mortgage note (also known as a real estate lien note,
Banks sell non-performing loans for any number of reasons. Here are some of the reasons I’ve seen. I should point out that banks aren’t the only sellers of non-performing notes
After all, the homeowner isn’t paying, so it’s a dead-end, right? No, this is where the opportunity for large, above average returns is made. Because buying a mortgage note that
Non-performing Note investing is more secure, more unsurprising, and yields considerably higher profits than any other investment vehicle that I know. NPN’s put the Note-holder in the number one position.
The best and most reliable way to buy notes direct from banks is to begin with the decision makers at your local, community and regional banks and credit unions. Buying