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Updated over 10 years ago on . Most recent reply

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Jenia Dormanov
  • New York City, NY
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Did anyone invested in second mortgage notes?

Jenia Dormanov
  • New York City, NY
Posted

i was at a seminar yesterday here in NYC that was very fascinating about investing and making money in second mortgages notes i was wondering if anyone here had any experience with this sort of investment and can share it with us?

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Alex M.
  • Investor
  • Philadelphia, PA
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Alex M.
  • Investor
  • Philadelphia, PA
Replied

@Alberto Artasanchez  I just listened to a really good podcast (#28) by Dave Van Horn (same guy that @Doug Smith recommended) - he's on Bigger Pockets. In the Philly area, and investing in second liens. The podcast details what he is doing through his company - sounds like they now have over $500M in investment dollars going through their company. Definitely an area of REI that I am going to keep exploring/learning about.

Hope to hear how things go for you if you head down this path. Good luck!

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