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Mortgage Note Business - Who's Into It?
There's a whole microcosm of different niches within the mortgage note sphere. Some people are chasing down huge deals, thy going to make in a mass of pay checks relatively fast. Others are more about the farmer mentality of just investing money and letting the profit drip drip drip back to you. There's all these different models which can have their corollaries in the mortgage note business. Just like in real estate in general. You can fix and flip. You can buy and hold. And it's easier than the rental income. Mail box money, for sure. When you own a rental property, i'm dealing with a couple vers right now, you've really got to put in