Want to create an interactive transcript for this episode?
Podcast: Mortgage Note Investing Weekly
Episode: EP 29: Mortgage Note - Importance of Historical Pay History (Snackable)
Description: Investing in Mortgage Notes has certain due diligence processes you should follow for each mortgage note you're evaluating. Knowing the importance of the historical payment history is one of those items. Your goal is to get a full picture of the story of the borrower. Payment history is the best way to fully understand the specifics of your investments potential for consistent payments. If it is performing, how performing is it? Is it 1st of the month on time every time payments or is it sporadic but still making payments to make it rem...