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Investing in Mortgage Notes
In the United States, a mortgage note is a promissory note secured by a specified mortgage loan.
A performing note is where the borrower is keeping up on the mortgage payments. Perfect for long-term investments.
A non-performing note is where the borrower has fallen behind in payments. These can be a great short-term investment as when purchased at a significant discount.
The Carrothers Investment Group has the experience and strategies to help you have success investing with both performing and non-performing mortgage notes.
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