Start Your Free Account Today: http://pstac.co/ytpod
In this episode, we talk about "mortgage note pool transactions"
There are a lot of advantages to purchasing mortgage notes in pools. One good thing is it could get you a better purchase price on your total transactions. A pool can also take several transactions and combine those other loans into one transaction. Doing this will not cut down on your due diligence, you'll still want to do that on each loan but it will make the closing easier in the end.
Another advantage to a mortgage note pool is that it is a great way to save some money on the fess you pay. Instead of having multiple payments for each promissory note, now you'd have one fee. Also if your transactions combined equals over $100K you are going to get escrow for free.
There are these benefits and many others any smart investor should know and we break them all down in this video.
For more videos on mortgage note & real estate investing SUBSCRIBE to our channel: https://www.youtube.com/paperstac?sub_confirmation=1
Press the bell icon to get notified of when our new videos are published.
Share this video: https://youtu.be/ZyZLb7WCcbU
Follow Us On These Platforms:👇
- Facebook: https://pstac.co/facebook
- Linkedin: https://pstac.co/linkedin
- Twitter: https://pstac.co/twitter
- TikTok: ...