Quote from Robert Hytha on February 23, 2024, 11:02 am

Thanks! Yes, a few things to mention to answer your question:

• Although a Mortgage is a public recorded document that is available for anyone to see in the local county records, the Promissory Note isn't recorded and is only available to see if you have a relationship with the owner of the note (the Lender).
• Most loan sellers will share the loan documents (the "collateral images") with potential buyers before the bid deadline via an online file hosting platform like Dropbox, Sharefile, etc. Some sellers won't offer access to these documents until after a bid has been approved, it's a different process for every seller.
• When we sell loans to Mortgage Note Mastermind members, we share a link to all of the PDF documents for each loan before the indicative bid deadline. This is especially helpful for new members who take advantage of our "practice bid" program - where they can make an offer after going through all the steps but without committing to the deal. We share feedback so they can build up confidence to start making real offers in the future.

If you're not ready to join the Mastermind just yet, you can see an actual Promissory Note and learn everything you need to know about Auditing the Collateral Documents in the Advanced Acquisitions course - part of the Foundation Series training for Note Investor Network Members.