My focus is on building a 7 figure passive income from mortgage notes, private lending, rentals, syndications and business.
South Carolina
Joined September 2008
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40% of my loan portfolio is in "default" 😮but I’m still making a ton of money💰. Sounds bad, but it’s exactly where the opportunity is when buying notes. Many of these borrowers are 3, 6, even 12+ months behind… but they’re still making payments on a rolling late basis.
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What FHA's dropping of appraisal rule means for lenders nationalmortgagenews.com/new…
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Share this article help.twitter.com/en/using-x/… cc. Ex CB and I are going to be n
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newsletter.incomestacker.com… via @incomestacker
Don't try this on your own! I am talking about servicing your own mortgage notes. Here are the top 6 reasons.
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It is amazing how the number of purchases of single family houses by the BIG BOYS (landlords with over 1000 houses) has dropped since Q2 of 2022 from 2.4% to 0.4%.
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Can you make money with reverse mortgages?
newsletter.incomestacker.com… via @incomestacker
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Bonus: Sell your home with a land contract newsletter.incomestacker.com… via @incomestacker
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The tale of 2 auctions.
April 21, 2023 auction in Mississippi - got the house back as REO. We will do light rehab and sell..expected return 30%+.
April 25, 2023 auction in Iowa - sold property to 3rd party at foreclosure auction. The ROI was 32.8% in 9 months. No work.
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I bet you if you wanted to open a bank account at First Republic Bank you’d get a Free Toaster with it?
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Even though not a Taylor Swift fan I think she was pretty darn smart when asked to endorse FTX to ask tough questions “Can you tell me that these are not unregistered securities?” She turned down around $100 million since she didn’t get the right or probably any answer.
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Don't Sell Your Home, Seller Finance Your Home!
5 reasons:
1. Command higher price
2. Reduce tax burden
3. Steady income
4. Higher yields than many bonds/stocks
5. Sell home faster
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Bonus: Seller Financing Market Volume newsletter.incomestacker.com… via @incomestacker
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Can you buy a mortgage note in bankruptcy and make money? Short answer ...yes! See case study in newsletter.
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I love mortgage note income...so passive
💬State of the market: Housing units, days on market, and rates.
🙈 Featured Video: Passive Income Case Studies
💥 Show me the money: Factors to consider when buying notes.
newsletter.incomestacker.com… via @incomestacker
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I spoke to a so-called real estate expert that was inquiring about my house for sale. I told him I was about to Flat Fee list my property and he had no idea what I was talking about. Then when I explained it to him, he was saying that’s not possible. Be careful who u listen to.
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Underwater note makes 14%+/year. newsletter.incomestacker.com… via @incomestacker
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