Eddie Speed

In this insightful discussion, Eddie Speed, a seasoned 45-year veteran of note investing, explores the booming market of seller-financed mortgages. He reveals why the collapse in loan originations is creating new opportunities for investors to become 'the bank.' Eddie shares tips on identifying high-quality notes, leverages techniques for scaling investments, and highlights the rising demand from underserved borrowers. Listeners seeking passive income will learn valuable strategies for transitioning from traditional rentals to note investing.

In a compelling discussion, Eddie Speed, a seasoned note investing expert and founder of NoteSchool, highlights how real estate investors can pivot from traditional landlord headaches to the lucrative world of seller financing. He explains how rising expenses and compressed cap rates have crippled rental cash flow. Eddie shares insights on becoming the bank, utilizing simple analogies for clarity. He walks through the stark profitability differences between rentals and notes, illustrating how seller-financed strategies can yield higher monthly income without the hassle of tenants or repairs.

Real estate expert Eddie Speed discusses the hidden risks of 'subject to' real estate transactions, emphasizing the importance of understanding the potential downsides of this strategy. He explains how 'subject to' works, the risks involved, the difference between subject to and assumable loans, and who should and shouldn't use this strategy. Eddie warns inexperienced investors about the dangers of being cavalier with subject to deals and highlights the one clause that could derail an entire transaction.