Did anyone invested in second mortgage notes?

[Jenia Dormanov]

i was at a seminar yesterday here in NYC that was very fascinating about investing and making money in second mortgages notes i was wondering if anyone here had any experience with this sort of investment and can share it with us?

[Alex M.]

@Alberto Artasanchez  I just listened to a really good podcast (#28) by Dave Van Horn (same guy that @Doug Smith recommended) - he's on Bigger Pockets. In the Philly area, and investing in second liens. The podcast details what he is doing through his company - sounds like they now have over $500M in investment dollars going through their company. Definitely an area of REI that I am going to keep exploring/learning about.

Hope to hear how things go for you if you head down this path. Good luck!