Learn Mortgage Note Investing

Free video courses covering everything from note investing basics to building a scalable real estate portfolio.

The $1M Real Estate Roadmap

4 lessons 52 min

A four-part course on building wealth through mortgage notes — from discovering the opportunity to getting certified and accessing institutional deal flow. Based on 15 years and nearly $1M in real-world experience.

  1. Become the Bank
    • What if you could build a real estate portfolio without owning property? Mortgage notes let you become the bank — not the landlord.
    • 10 min
  2. Why 'Normal People' Are Outperforming Hedge Funds
    • An esthetician, an athletics director, and an immigrant from El Salvador — three people who prove anyone can succeed with notes.
    • 15 min
  3. The VIP Pass
    • Banks won't sell notes to small investors. That's not a myth — it's a fact. Here's how certification solves the access problem.
    • 12 min
  4. The Window Is Open — But Not for Long
    • The HUD mandate created the biggest buyer's market in a decade. Notes are trading at 39% of UPB. The rebound has already started.
    • 15 min

Mortgage Notes 101

3 lessons 55 min

Everything you need to know to understand mortgage notes, how NPL investing works, and the role of note brokers in the secondary market.

  1. What Is a Mortgage Note?
    • Understand the legal instrument at the heart of note investing — the promissory note, deed of trust, and how they work together to secure a loan.
    • 5 min
  2. How NPL Investing Works
    • Learn how NPL investing works — from the win-win-win philosophy to first vs. second liens, exit strategies, and real-world case studies.
    • 20 min
  3. Brokering & Matchmaking Notes
    • Learn how to build a lucrative note business without investing your own capital by becoming a mortgage note matchmaker who connects buyers and sellers.
    • 30 min

How to Invest in Mortgage Notes

4 modules 23 lessons 2 hrs 44 min

Free comprehensive course covering the full note investing workflow — from setting up your business to acquiring, analyzing, and resolving non-performing loans.

Foundations of Note Investing

5 lessons 31 min

Build on the basics — understand the full note investing business, its history, asset types, strategies, and how to set up your company to start buying notes.

  1. Start Here: Your Free Note Investing Course
    • A free, self-paced note investing course from a full-time note investor — what each module covers, who it's for, and what you'll be able to do after.
    • 5 min
  2. Life Cycle of a Note
    • How a mortgage note is originated, becomes non-performing, gets charged off, sold to investors, and resolved — the full lifecycle every buyer must know.
    • 6 min
  3. History of the Opportunity
    • How the secondary mortgage market developed from medieval property law to the modern opportunity for private investors buying non-performing notes.
    • 6 min
  4. Note Investing Today
    • How to identify different types of notes on the market and choose the right investment strategy for your situation, risk tolerance, and capital level.
    • 7 min
  5. Setting Up Your Business
    • How to choose your entity type, name your company, and set up the essential tools and accounts to start buying mortgage notes professionally.
    • 7 min

Acquisitions

5 lessons 34 min

Learn how to find mortgage notes for sale, evaluate sellers, read loan tapes, price assets, and build a repeatable deal pipeline.

  1. Sources of Mortgage Notes
    • The full supply chain of mortgage notes -- from banks and hedge funds to exchanges, brokers, and the FIXnotes marketplace.
    • 7 min
  2. Vetting Your Loan Seller
    • The four critical questions to ask every loan seller before spending time or money on due diligence — and how the answers reveal deal quality.
    • 6 min
  3. Reading the Data Tape
    • How to read a loan tape, understand key data columns, and quickly filter a portfolio down to your criteria before spending time on due diligence.
    • 7 min
  4. How to Price & Submit Bids
    • Pricing methodologies for performing and non-performing notes, bid templates, and the difference between indicative and final offers.
    • 7 min
  5. The Note Investor Funnel
    • How to build a repeatable pipeline from sourcing leads to closing deals and systematize your acquisition process for consistent deal flow.
    • 7 min

Due Diligence

6 lessons 46 min

Master the research and analysis process — from collateral review and title search to property valuation and borrower profiling — before you fund a deal.

  1. Due Diligence Overview
    • Due diligence framework for note investors -- from free pre-bid screening to vendor analysis -- so you spend money only on loans worth buying.
    • 7 min
  2. Auditing the Collateral File
    • The four documents you need to legally own and enforce a mortgage note -- and the audit process that ensures you have them before you fund.
    • 8 min
  3. Title, Taxes, and Liens
    • How to research title ownership, check property tax status, identify encumbrances, and verify your modeled equity position in the public record.
    • 8 min
  4. Property Value and Condition
    • Property valuation methods for note investors -- from free AVMs to paid BPOs -- plus how to assess occupancy and condition.
    • 8 min
  5. Borrower Research
    • How to read a credit report, analyze the senior lien trade line, research bankruptcy on PACER, and extract intelligence for pricing.
    • 8 min
  6. Finalizing Your Offer
    • How to compare due diligence findings against initial assumptions, calculate price adjustments, and submit a defensible final offer.
    • 7 min

Resolutions & Servicing

7 lessons 53 min

Everything after closing -- from servicing transfer and borrower contact to exit strategies, foreclosure, and scaling your portfolio.

  1. Closing & Servicing Transfer
    • What happens after you buy a note -- servicer onboarding, full-service vs. client-managed servicing, and the four-step resolution workflow.
    • 7 min
  2. Contacting the Borrower
    • How to make first contact with an NPL borrower, lead with empathy, ask the three critical questions, and present resolution options.
    • 7 min
  3. Loan Modifications & Payment Plans
    • How to structure forbearance, interest-only mods, fully amortized modifications, and reinstatements to convert NPLs into monthly cash flow.
    • 8 min
  4. Discounted Payoffs
    • How to structure, negotiate, and close a discounted payoff -- the fastest way to recover capital on a non-performing note.
    • 7 min
  5. Deed-in-Lieu & Short Sales
    • Deed-in-lieu vs. short sale -- how to structure each cooperative exit strategy and determine which path fits the borrower and deal.
    • 8 min
  6. Foreclosure
    • Foreclosure as the backstop for note resolutions -- judicial vs. non-judicial processes, key documents, timelines, and investor decisions.
    • 8 min
  7. Selling Notes & Portfolio Management
    • How to sell performing and non-performing notes, structure partial sales, and build a portfolio monitoring system that keeps cash flowing.
    • 8 min

Deep Dive Guides

Go deeper on the topics that matter most to mortgage note investors.

Mastermind Accelerator Become a Certified Note Professional™
Whether you want to build your own note portfolio or become a mortgage note matchmaker earning transaction fees, the Accelerator fast-tracks you with structured modules, knowledge checks, and a real-world capstone simulation.