Updated over 6 years ago on . Most recent reply
Just can’t figure out notes.
So I’ve searched the interweb and everything but I just can’t figure out what mote investing is or what a note is... from what I gather is a note an iou to a bank? Then an investor comes around and buys said note, discounted, from the bank so now the borrower is paying the investor?
Newby here....
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Bob Malecki
#4 Tax Liens & Mortgage Notes Contributor
#4 Tax Liens & Mortgage Notes Contributor
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- Kingston, WA
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Bob Malecki#4 Tax Liens & Mortgage Notes Contributor
#4 Tax Liens & Mortgage Notes Contributor
- Investor
- Kingston, WA
Hi @A. Maldonado I did a webinar a few years ago on note investing, here is a link to the recorded version: https://vimeo.com/199942255
Also listen to Podcast #211, I go further into depth.
Bob Malecki