Mortgage Notes 101

Notes 101 is the foundation course for mortgage note investing. It answers the four questions every new investor needs to understand before deploying capital: what a mortgage note actually is, how the secondary whole-loan market moves inventory from banks to individual investors, the difference between performing and non-performing notes, and the business models for making money on each.

The course is video-driven, no reading required, and ends with you able to look at any data tape and identify which loans deserve a closer look. No prior real-estate experience required — but a working understanding of basic mortgage mechanics ( UPB, lien position, amortization) is the take-home outcome.