Real estate notes, also known as promissory notes, are legal documents that represent a debt secured by real property. They are typically used in real estate transactions to finance the purchase of a property. Real estate notes can be bought and sold on the secondary market, providing investors with an opportunity to generate income and diversify their portfolios.
There are many benefits to buying and selling real estate notes. For buyers, notes can provide a steady stream of income, as the borrower is obligated to make regular payments. Notes can also be purchased at a discount, providing the buyer with the potential for capital appreciation. For sellers, notes can provide a way to monetize a real estate investment or to generate cash flow. Notes can also be used to finance other investments or to provide retirement income.
