Intro & Prerequisites
Investing in real estate is cool. The benefits of owning cash-flowing assets and the status that goes along with it has permeated popular culture. Real estate TV shows have become hugely popular and property moguls are now icons in society. With their flashy appeal, aspiring investors are enticed by traditional real estate deals, often losing their shirt in the process! What you’re about to learn in this guide is a cheat-code to profitable real estate investing – moving up the food chain to BE THE BANK. Control real estate assets without the risk. Avoid owning and subjecting yourself to tenants, toilets, termites, trash & townships.
Investing in mortgage notes isn’t any more difficult than buying rental properties if you’re prepared with the right tools & information. In fact, in many ways it’s much easier! This guide will put you in a position to succeed but there are a few other things you’ll need (that you might already have):
- a computer with Microsoft Excel
- a basic landline or cell phone
- your own limited liability company (“LLC”)
- the FIXnotes System (optional)
Tip
In some cases, Google Sheets will work as a free alternative to Microsoft Excel
This completely free guide will teach you everything you need to know to start building your own business as an active or passive note investor. We will cover investing in 1st & 2nd liens, performing & non-performing notes, secured by single family homes, condos, mobile homes or vacant land.
AFTER COMPLETING THIS COURSE, YOU WILL:
- understand the opportunity & the language banks use to confuse the layman
- learn the types of assets available to develop your note investing strategy
- know how to find & qualify sellers – then become their best client
- become an expert researcher, analyze assets with the right techniques
- never overpay for a mortgage note, learn the secrets of negotiation
- properly onboard your loans, overdeliver for your borrowers
- earn profits by saving homeowners in need, be a problem solver
Working through all the content in this course is straightforward, there are five main categories and one bonus section to consume. If you’re on mobile, you won’t be able to see the table of contents in the right sidebar, so for your benefit – here’s a list of all of the modules available in this free course:
GETTING STARTED
Intro & Prerequisites
FIXnotes Dictionary
Life Cycle of a Note
THE MARKET
History of the Opportunity
Note Investing in 2017
Sourcing & Vetting Sellers
DUE DILIGENCE
Pre-Bid Waterfall Process
How to Make a No-Risk Bid
Advanced Due Diligence
Value
Bankruptcy
Occupancy
Title Report
Property Taxes
Credit Report
CLOSING THE DEAL
Finalize your Offer
Understand the Contract
Closing Checklist
ASSET MANAGEMENT
Seamless Servicing Transfer
Auditing your Collateral Docs
High-Level Servicing Strategy
Proactive Portfolio Monitoring
Advanced Resolutions
Discounted Payoff
Payment Plan
Sell the Note
Short Sale
Deed-in-Lieu
Foreclosure
BONUS – COMING SOON
Live Training in Philadelphia
Tax-Free SDIRA Investing
Case Studies
To get started, click the right arrow below to move on to the next module, the FIXnotes Dictionary. (If you’re new to notes, it’s highly recommended that you work through the course content in order).
Table of Contents
I would be happy to get on a call, meet in person or answer an email if you need individual attention!
Robert Maxwell Hytha
FIXnotes, LLC
Meet the Author
Robert Maxwell Hytha is the founder of FIXnotes and a partner with US Mortgage Resolution, one of the country’s premier mortgage note investment firms.
Beginning in 2011, Rob has analyzed, purchased, managed and liquidated thousands of mortgage notes. He personally operates his own portfolio of rental properties & mortgage notes.
Rob has found his passion in teaching investors a better way to invest in real estate.
Need help? Give us a call!
Real Estate News
Foreclosure Activity Increases 9 Percent in First Quarter of 2021; Foreclosure Starts Increase 3 Percent From Last Quarter; Average Foreclosure Timeline Increases 38 Percent From Last Year IRVINE, Calif. – April 15, 2021 — ATTOM Data Solutions, licensor of the nation’s most comprehensive foreclosure data and parent company to RealtyTrac (www.realtytrac.com), today released its Q1 2021 U.S. Foreclosure Market […] The post U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium appeared first on ATTOM. The post U.S. Foreclosure Activity Continues to Increase Despite Government Moratorium first appeared on FIXnotes. [...]
According to CoreLogic, for the month of January, 5.6% of all mortgages in the U.S. were in some stage of delinquency (defined as 30 days or more past due, including those in foreclosure), a 2.1-percentage point increase year-over-year. Nationally, the... The post Delinquencies at Lowest Levels Since Pandemic Start first appeared on FIXnotes. [...]
dsnews.com - By adopting a new version of the Home Affordable Refinance Program (HARP), Urban Institute authors feel they may have an answer to preventing mortgage defaults. The post Curing Defaults Through Streamlined Refis first appeared on FIXnotes. [...]
The share of mortgages in forbearance dropped for a sixth straight week, showing one of the largest decreases in the rate since the pandemic began. The post Economic recovery sends mortgage forbearance level plummeting first appeared on FIXnotes. [...]
Posted To: MND NewsWireBoth Fannie Mae and Freddie Mac (the GSEs) have released information to their lenders confirming that any loans they purchase after July 1, 2021 must conform to the agreement made on their behalf in January by the Federal Housing... The post Fannie/Freddie Announce End Dates for QM Rules first appeared on FIXnotes. [...]
Jerome Powell points to a key unknown that could send recovery into a tailspin The post Fed chair sees major risk to recovery first appeared on FIXnotes. [...]
Economists show that anecdotal stories are borne out by data, point to unique insights The post Fannie Mae has just quantified a key housing market trend first appeared on FIXnotes. [...]
"Unprecedented" demand for housing in 2020 "will probably decline over the year," says new report The post Normal levels of home-price growth expected this year – report first appeared on FIXnotes. [...]
wp.fxempire.com - Mortgage rates fall for the first time in 9-weeks. Rising house prices and low inventories continued to limit buying activity, however The post U.S Mortgage Rates Fall for the First Time in 9-Weeks first appeared on FIXnotes. [...]
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