Real Estate note investing is for anyone looking for a predictable income backed by hard assets.
All funds are sent directly to Escrow and never directly to us.
As with any situation, you have the choice to either foreclose on us or we can simply transfer the property deed to you.
Our average investor holds a first-position mortgage with a 50-60% Loan-to-Value ratio. Aside from this, being the 1st position note holder gives you the strongest claim on the property. This means that they are the first in line to receive the payment from the proceeds of a foreclosure sale.
Yes, all properties are insured, no matter what the purchase price is
You’ll be set up an automatic ACH payment every 1st of every month.
Yes, the mortgage is transferable to whoever you assign the payments to in your will.
The "first position" is the first loan and lien on a property, giving priority in foreclosure. The "second position" is any subsequent loan and lien, with priority based on the recording order. It's about who gets paid first if the property is foreclosed.
We adhere to rigorous underwriting standards for property resale. All buyers must pass through the RMLO (Residential Mortgage Loan Originator) to confirm their ability to afford the monthly payments. In the event of foreclosure, we'll continue making payments to our investors and proceed with resale.
You can always sell the notes. We have plenty of investors in our network who are interested in buying notes.
