Here are three practical books that can help you become a successful mortgage note investor.
The Little Green Book Of Note Investing:
A Practical Guide for Getting Started with Investing in Mortgage Notes
By Fred Moscovitz
“Learn how to invest in an asset class that is backed by collateral by stepping into the shoes of the lender and becoming the bank! Did you know that you are able to buy and own mortgage notes and be the one receiving the monthly payments, just like a bank does?
You will learn:
- Techniques to analyze and evaluate a note.
- Risk-management best practices.
- How to purchase a note and properly manage it during your ownership.
- Ways to utilize your retirement account as a capital source to purchase notes.
- How to invest in and evaluate note funds as a passive investor.”
Highly Recommended!
Available from Amazon
Note Investing Made Easier:
How To Buy And Profit From Distressed Mortgages
By Martin Saenz
“Learn all about how and where you can purchase distressed mortgage rates. From there, learn how to make your money up-front and immediately after purchasing notes.
Learn how to leverage the strength of peers and supporters to earn more. Gain a deeper understanding of portfolio management and insight that allows you to position it for maximum success.
And last, but certainly not least, learn how to generate profit without the need to dirty up your hands. Once and for all, you can achieve the passive income that you deserve.”
— From the book description.
Available from Amazon
Real Estate Note Investing:
Using Mortgage Notes to Passively and Massively Increase Your Income
By Dave Van Horn
“Whether you’re a wholesaler, rehabber, landlord, or even turnkey investor, reading this book will help you turn your focus to the “other side” of real estate. No matter your level of experience in the real estate business, the strategies in this book can help you build sustainable wealth today and for years to come.
Inside, you will learn how to:
- Borrow smarter by making debt your friend
- Raise money for your investments easier by understanding and appealing to private investors
- Squeeze more profits out of the deals you’re already doing by utilizing creative offers and multiple financing strategies
- Scale your investing through a passive investment vehicle that is backed by hard real estate without the tenants, termites, or toilets
- Use note investing to pay for expenses like student loans and life insurance, or simply to provide additional cash flow for you into retirement
- Become the bank and begin to use every form of leverage you have available
- And much more!“
— From the book description
Available from Amazon
Invest in Debt
By Jimmy Napier
“Jimmy Napier provides financial knowledge that should be compulsory in every American high school.
The basic understanding of how to use a calculator and apply it to the time value of money should be understood by every adult. He also teaches basic negotiation skills for buying and selling mortgage and other debt instruments, clearly showing you how to discount them or correctly value them for your best interests.
And, as the book states, you can call Jimmy if you have any questions and he will pick up the phone. Jimmy is a great guy, well known by many he has taught and is known as a master negotiator. This is a small but essential book that you’ll want to have in your library. You’ll be buying extra books as gifts for your adult children and your closest friends.
You will need to use the HP10BII calculator (others will work but Jimmy uses the HP10bII) to work through the math but this is relatively easy if you outline your paper as he suggests and go through each example. The knowledge in this little book is great stuff. Wish I had bought this one twenty years ago.”
— Review by Cabbie
Available from Amazon
