Investing in 2nd Position Mortgages Must Knows

In this video, we discuss the ins and outs of investing in 2nd position mortgages, also known as 2nd position liens. We'll explore what 2nd position liens are and why they can be a great option for savvy investors seeking cash flow.

We'll also cover non-performing seconds and how they used to be acquired before the real estate market explosion. With values skyrocketing, second position loans without any value or equity protection are now worth a considerable amount of equity. You'll discover how motivated borrowers can restructure their loan or make a healthy down payment to turn things around.

Furthermore, we'll discuss how someone with a decent credit score can leverage their position to gain an advantage. It's important to note that before the market went crazy, it was possible to refinance and pay off a second, making it an attractive option for investors looking to increase their return on investment.

This episode covers everything you need to know about 2nd position mortgages, including why someone would want to buy a 2nd position lien over a 1st.

If you're interested in exploring alternative real estate investments, investing in 2nd position mortgages could be a lucrative option. Watch this video to learn more about this investment opportunity.


00:00 Introduction
00:14 Brett's Mark Zuckerberg shirt
01:44 Saving time and money with laundry
05:41 The Appeal of a Mystery Investment Opportunity
06:03 2nd Position Liens
06:42 Why buy a 2nd position lien over a 1st?
07:09 What to look for when buying a performing 2nd position lien
07:34 Non-performing seconds and the real estate market
08:28 Higher 2nd position lien value from real estate value rise
09:06 Hardball tactics in second position liens
09:55 Importance of credit score for 2nd position loans
10:29 Using a borrower's credit score as leverage
10:38 Making money off 2nd position loans
12:32 Pools of second position loans
12:50 Investing in 2nd Position Mortgages Final Thoughts
14:55 Wrap Up


For more videos on mortgage note & real estate investing SUBSCRIBE to our channel: https://www.youtube.com/paperstac?sub_confirmation=1

Press the bell icon to get notified of when our new videos are published.

Share this video: https://youtu.be/7OVtYWdJsJM
_______________________________________________________

Follow Us On These Platforms:👇

Facebook: https://pstac.co/facebook
Linkedin: https://pstac.co/linkedin
Twitter: https://pstac.co/twitter
TikTok: https://pstac.co/tiktok
Instagram: https://pstac.co/instagram
Medium: https://medium.com/@paperstac

🤝 Community 🤝

Buying & Selling Mortgage Notes Facebook Group
https://pstac.co/facebook-group

📚 More Educational Resources 📚

Paperstac Blog: ➤ https://paperstac.com/blog

Paperstac Academy: ➤ https://pstac.co/academy

Interested In More Note Investing Education? Check out Paperstac Academy! A mortgage note investing course designed to help you go from beginner to purchasing you first note.



🔊SPEAKERS: Rick Allen & Brett Burky

👉 Check out our podcast:
https://pstac.co/podcast_on_youtube

👉Check out our Snackable Series:
https://pstac.co/snackable_series



#RealEstateInvesting #MortgageNotes #SecondPositionMortgages