: Review at least 12–24 months of payment history.

: Once funded, ownership is legally transferred. Most investors hire a licensed loan servicer to handle payment collections and legal compliance. Case Study: The $49,000 Discount How to Invest in Mortgage Notes - Yahoo Finance

: Ensure the property is worth more than the loan balance.

: Notes are often sold at a discount (e.g., paying $35,000 for a $40,000 balance), which instantly creates equity and increases your yield.

: Use online marketplaces like Paperstac or Note Trader, or contact banks and credit unions directly to find "off-market" assets.