How technology can help mortgage lenders combat repurchase risk

Key Takeaways: – Individual mortgages can be bundled together into mortgage-backed securities (MBS) and sold to investors on the secondary market. – If a mortgage in an MBS bundle defaults or contains errors, there is a repurchase risk where the entity that sold the MBS is obligated to buy back the non-performing or defective mortgage…

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69 Doors from ONE Real Estate Deal Using Other People’s Money

Key Takeaways: – The guest on the Real Estate Rookie podcast, Andrew Freed, successfully completed a $6.5 million real estate deal using other people’s money. – The deal involved a portfolio of 12 properties with a total of 69 doors. – Andrew found the deal through a direct mailer, but it was brought to him…

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The Simple, Repeatable Path to Wealth with Real Estate in 2024

Key Takeaways: – Investing in real estate can lead to massive wealth – It is a simple, repeatable process that many Americans have used to get rich – It takes knowledge and time to succeed – BiggerPockets is a resource for learning how to buy rental properties – Scott Trench, CEO of BiggerPockets, shares his…

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