How To Buy Mortgage Notes ◉

: A legal document recorded at the county level.

: Check for the original Promissory Note and Mortgage/Deed of Trust . 💰 Step 4: Pricing and Bidding

: Buying notes via a Self-Directed IRA allows tax-deferred growth. how to buy mortgage notes

: Use platforms like NotesDirect or Paperstac .

: Some states require a debt collection or mortgage servicing license. 🔍 Step 2: Source the Notes : A legal document recorded at the county level

: Notify the borrower to send payments to your servicer .

📍 : Always use a third-party licensed servicer to handle collections to stay compliant with CFPB regulations. expect a discount based on risk.

: Notes rarely sell at par (face value); expect a discount based on risk.