by John Tigue | Dec 14, 2023 | Mortgage Notes
The general sale percentage price of a performing second position commercial mortgage note can vary widely depending on several factors, including the specific terms of the note, the creditworthiness of the borrower, current market conditions, and the risk appetite of... 
by John Tigue | Dec 13, 2023 | Mortgage Notes
In mortgage note investing, the income rule, debt rule, and cash rule are guidelines or criteria used to evaluate the potential profitability and risk of investing in mortgage notes. These rules help investors make informed decisions when considering mortgage note... 
by John Tigue | Dec 12, 2023 | Mortgage Notes
“Face rates” and “discounts” are terms related to the pricing and interest rates associated with mortgage notes. They are different aspects of how a mortgage note’s interest is calculated. Let me explain each and provide three examples of... 
by John Tigue | Dec 12, 2023 | Mortgage Notes
A mortgage note seller can use a time value of money (TVM) calculator to make informed financial decisions related to selling their mortgage notes. The TVM calculator helps them assess the present and future values of cash flows associated with the mortgage notes,... 
by John Tigue | Dec 9, 2023 | Mortgage Notes
A mortgage note seller should have a good understanding of compound interest because it plays a significant role in the financial aspects of mortgage notes. Here are some key points a mortgage note seller should know about compound interest: Definition: Compound... 
by John Tigue | Dec 9, 2023 | Mortgage Notes
The relationship between balloon payments, seller-financed notes, note value, and the Dodd-Frank Act revolves around regulations and practices in the real estate and lending industry. Let’s break down each component and explore their connection: Balloon... 
by John Tigue | Dec 7, 2023 | Mortgage Notes
Yes, a mortgage note can be sold subject-to, but it’s important to understand what this means and the implications involved. When a mortgage note is sold subject-to, it typically means that the buyer is taking over the existing mortgage on the property... 
by John Tigue | Dec 6, 2023 | Mortgage Notes
A mortgage note “tape” typically refers to a data file or electronic document that contains information about individual mortgage loans. These files are often used in the financial industry, especially in the secondary mortgage market, to facilitate the... 
by John Tigue | Dec 5, 2023 | Mortgage Notes
The risk associated with single-family or multi-family notes for a note investor depends on various factors, and it’s not as simple as one being universally more or less risky than the other. Both single-family and multi-family notes have their own unique risk... 
by John Tigue | Dec 4, 2023 | Mortgage Notes
The ease of selling a residential versus a commercial mortgage note depends on various factors, and there is no definitive answer as to which type is universally easier to sell. It largely depends on the specific characteristics of the note, the current market...