The Paper Trail

Why Invest In Second Position Mortgage Notes With Bill McCafferty


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Investing in non-performing seconds can be quite risky. For Bill McCafferty, the founder of People’s Mortgage Relief II, doing so is well worth the risk. Being involved in note investing for over a decade, he equips us with the right strategies in managing second position mortgage notes. He discusses the differences in the process of handling first notes versus second notes. For him, being laser-focused and sticking to a well thought of process and system within the business are keys to handling non-performing seconds. Learn more from Bill as he shares the importance of sourcing in the notes business, what people fear most in non-performing seconds, buying notes, and running a note investment business.


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The Paper TrailBy [email protected] (Chris Seveney)