Real Estate Mortgage Note Investing

Did you know that over 50% of mortgages in the USA are owned by individuals and not banks? Nahir Solis does just that. She started a family operated investment firm that buys real estate mortgage notes at a discount of the current balance due, and then works with investors who are looking to purchase mortgage notes already vetted with due diligence and clear for investing.

If you have a self-directed IRA or 401k and have some money sitting around, notes are a good match for this type of investing since you’re not paying taxes on the interest. So it works well for an IRA/401k or other types of protected retirement plans. The returns are good and the downside is protected if you do it right.

Join us as Nahir shares her story of how she got started in real estate mortgage note investing, and how her investment firm is helping other investors looking for solid note investments that yield a higher than average return.

Discussion topics and questions with our guest, Nahir Solis

[04:35] Introduction of our guest, Nahir Solis

[05:24] How and why did you get into notes?

[09:48] Tell us about the first note you bought

[13:52] How are you able to purchase notes at a discounted rate?

[15:01] How do you find these notes?

[17:37] What types of rate of return are you looking for on notes?

[20:16] What are some of the sources you use to find deals?

[26:21] When you look at a note, do you get the opportunity to understand the value of the underlying asset?

[37:56] What is your business model?

[42:41] Closing remarks by Eric and Steven

About Our Guest

Nahir_Solis_Picture

Nahir Solis is the managing director of MJS Notes Financial, LLC, an investment firm specializing in real estate notes. MJS Notes Financial, LLC manages vetted note investments located in Florida and nationwide for individuals looking for steady returns, making it easy for anyone to invest in notes.

Originally from Puerto Rico, she grew up in Orlando, and is now relocated to Tampa with her husband Matthew and 3 adopted children.

Investor Resources

You can contact Nahir Soles via the following ways:

Website: tampanoteinvestors.com
Phone: 813-252-0917
Email: nsolis@tampanoteinvestors.com

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Normally, our episodes focus on making strong, equitable real estate investments but as investors feel the restraints of a tightening lending market, they are looking for alternative financing options. Mortgage notes represent a secure and a stable income market. Buying and selling mortgage papers can yield sizable returns that can supplement an investor’s income-base.

David Campbell is a jack-of-all-trades in real estate investing. He is an experienced real estate investor and developer, he handles property management, and he buys and sells mortgage notes and offers private financing options. David, who made the transition from high school band director to real estate investor in 2001, began buying and selling mortgage papers in 2012 and has manged an increasingly profitable debt portfolio since. This episode, David discusses his multi-transitional career in real estate and how buying mortgage notes can be a great way to invest in real estate.

Market demands alternative financing options
Private lenders + Seller financing
- Self-Directed IRAs – about 60% of alt. lending market
- Used for non tax-efficient assets like mortgage notes
A significant mortgage/debt portfolio can be stable and lucrative income-base
1. Happy to make $ on deal by end term?
2. Deal still profitable w/ out loan payment?
3. Predatory loan claims risks?
Mortgage notes and Dodd-Frank
- Work with Registered Loan Mortgage Originator – creates ‘Qualified Mortgage’ papers
- Loan can be guaranteed against inconsistencies with Dodd-Frank regulations
Ensure notes are good before buying
- Borrowers – debt-to income ratio 45% or lower; no higher than 6.5% above average prime offer rate; 15 + 30 year terms (9.5% rates)

David’s website www.hasslefreecashflowinvesting.com is loaded with materials and resources for real estate investing, development and financing. Visitors can find out more about David’s enterprises as well as check out his blog for even more information! For other inquiries, David can be reached directly by email: david@hasslefreecashflowinvesting.com