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Mortgage Notes
The Advantages of Buying Mortgage Notes
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The Advantages of Buying Mortgage Notes There are a lot of companies in the business of selling training programs about Mortgage Notes for vast sums of money. These programs are sometimes called a "Cash Flow" business, meaning they promise large earnings from Mortgage Notes. The problem with this is that by the time you have given them all your hard earned cash for their program, there are no funds available for you to start making money. Most of these systems require you to find people who want to sell their Mortgage Notes and then you need to find a buyer, and this is never as simple as it sounds. Having said that, "Mortgage Notes" are a super way to earn very high interest returns, all you need to do is "do it right". Why waste all that money, time and effort on a program when you can use that same money, time and effort to buy your own "Mortgage Notes". Unlike Tax Lien/Deed Certificates, you will require a larger starting pool of funds. There are a great many advantages to buying "Mortgage Notes". For a start, the market is almost unlimited. What is a "Martgage Note?" A "Mortgage Note" is a home loan or mortgage secured by real estate. How much is a "Mortgage Note?" That could be anything from $10,000 to $1 million or even tens of miliions of dollars. What is the advantage of a "Mortgage Note" over a Tax Lien/Deed Certificate? A "Mortage Note" will allow you to collect the interest on a monthly basis, this enables you to reuse the incoming funds to make more money, creating real wealth. Tax Lien/Deed certificates are only paid when the Lien/Deed is redeemed. When buying "Mortgage Notes," there are a number of things you will need to keep in mind before letting go of your hard earned money. Not all "Notes" are equal. Doing the right research is very important but done right, there are few if any better ways to build real wealth. What the papers say: "... since the major housing organizations began keeping records in the 1960s, there has never been a year in which the average existing U.S. residence lost value. Not a one." FORTUNE Magazine, August 12,2002 "Twenty-eight states haven't had a down year for real estate since 1990. 11 haven't since 1985. What's more, from 1985 through the first quarter of 2002, five states in the Rustbelt-Illinois, Indiana, Michigan, Ohio, Wisconsin-have never even had a single down quarter. Name a Mutual Fund that has produced 69 straight positive quarterly returns." FORTUNE Magazine, August 12,2002 "It is striking that after the longest, strongest bull market in history, the average American built more wealth owning a home than investing in the stock market." Denver Post, March 14,2002 |
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