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Updated over 7 years ago, 04/19/2017

Macintyre Gallagher's profile image
Macintyre Gallagher's profile image
Macintyre Gallagher
  • from Phoenixville, Pennsylvania
  • Member since Apr 17, 2017
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8
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1
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Macintyre Gallagher's profile image
Macintyre Gallagher's profile image
Macintyre Gallagher
  • from Phoenixville, Pennsylvania
  • Member since Apr 17, 2017
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Macintyre Gallagher
  • Phoenixville, PA
1
Votes |
8
Posts
Tax Liens & Mortgage Notes

Where does your profit come from when you buy a note?

Macintyre Gallagher
  • Phoenixville, PA
Posted

Where does your profit come from when you buy a note? From what I understand, when you buy a note you are becoming the lender to the homeowner and then they must pay you their mortgage payments per month. Do you then pay the bank back with that money? If so, how do you make a profit off of these?

Thanks,

Mac Gallagher

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