On a recent episode of the Rental Property Owner & Real Estate Investor Podcast, Brian Hamrick talks with Martin Saenz about the state of note investing during the pandemic and helping homeowners stay in their homes. Martin has directly helped over a thousand families stay in their homes, and countless more through the influence of his mentorship. In this episode, he is going to discuss how he’s working with his borrowers to help them avoid foreclosure, the types of note opportunities he’s investing in, what he’s expecting to happen in the next 12 months, as well as the $50 Million fund he’s building to acquire more assets.
“According to the Mortgage Bankers Association, the delinquency rate for mortgage loans on one to four-unit residential properties has reached the highest level since 2010, when we were deep into the great recession. As of November 2020, over 7.6% of borrowers are 90 days or more behind on paying their mortgage.”