Mortgage Note Buyers – Who Are They and How Can They Help You?
A Mortgage Note Buyer is simply a person that can get you a lump sum of cash quickly for the future payments you are scheduled to receive.
So if you took back a mortgage or seller financed your home or property when you sold it and are receiving payments, you will be given a fat check in place of those future payments.
The note buyer will then receive the monthly payments instead of you, without any changes for the person making those payments. This is a very simple and easy process.
This is referred to as the “cash flow” industry.
The “cash flow” industry was created by the forces of supply and demand, and it has now filled the void left by traditional lending sources such as banks.
Why do they do this – What’s in it for them?
Mortgage note buyers and the companies they work with or for are all about the investment portfolio or long term wealth.
It is profitable for them to collect payment streams that bring them in a consistent cash flow every month. The difference between them and you is that they have thousands...