Mars Gateway -
Raven Mann -
Description: Score 5.0 (2.260) · Yes, definitely. Most real estate agents expect you to interview several options before deciding on one.
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If you are looking for passive income without buying physical property, mortgage notes can be an ideal real estate investment. You will receive monthly income in the form of repayment of principal and interest on the underlying mortgage.
While there are some exceptions, most buyers pay for the services of a real estate agent, whether they use it or not. At a minimum, hire a real estate attorney from the start to review the purchase agreement and closing documents.
In short, a promissory note is simply a promissory note, an agreement between a borrower and a lender in which the borrower agrees to repay the lender on the terms set out in the promissory note. Real estate notes, in particular, are promissory notes that use a portion of the property as collateral for the loan.
Mars Gateway -
Raven Mann -