Get ready to leave or go with everything. Consider a Variety of Trading Scenarios.
If you are looking for passive income without buying a 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.
When you buy a promissory note and mortgage from the lender, you are buying the debt that remains to be paid on the promissory note, secured by the asset described in the mortgage. Sometimes you risk landlords initially refusing to pay you because they think they don't owe you the money.